Ann: Western Australian Iron Project MOU Signed, page-16

Will be interesting to get the numbers on what sort of revenue and profit generation is expected. Not sure there is any mention of the amount of low grade ore available at this stage? I also noted that Ridges have the Matsu deposit which they planned to mine before the downturn in prices in 2015. I believe it is a similar type of resource with high grade DSO and tlow grade benefication type ore. Could be something IOR get involved with down the track?