So the if the paper projects are rating higher than the actual...

So the if the paper projects are rating higher than the actual developers, who are turning assets into mining shipments => building cash.

Which of them are going to look after your back pocket ? and which will need to keep raising coin year after year ?
So, i cant speak of the sellers here, only why i am a buyer.

Some of these paper projects, are years away, and huge capex requirements. How will they turn out in the same period of time, if when iron prices soften ?

Its easy for the money makers to pump an idea that is not tested with the hard yards of commissioning a project start up.

If sellers want to give this away, and chase others that are not going to be earning money, but taking it out of shareholders pockets that is up to them.