Never mind, Shougang have agreed and have handed the contract to PT to sign. PT has the $40m. So we can take it as a done deal. The Shougang visit is the icing on the cake. They want to help with the mine upgrade.
Did you notice on the list: Exploration and geological studies $4,500,000. Thats a lot of drilling alright! Shougang is hungry for iron ore and wants every grain of iron ore ADY has on its tenements. So we can expect lots of resource updates streaming in too.
ann out, page-19
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