Ann: Western Australian Iron Project MOU Signed, page-3

Out of India as into Oz doing the same thing, from 50% to 60%+ ore. Not a bad option at first glance. Utilising the equipment purchased for phase 3 redirected to Oz and then finish plant off here. So money spent on plant for phase 3 not wasted/lost and IOR lives on doing the same thing but in a far more certain and far less risk arena in the land of Oz. Existing money support allows for new plant construction, commissioning and so forth.

a new name to boot perhaps.

i am liking where this is headed.