Looks like we are going to be co-partners with WISCO and ITOCHU Corp....
"Detailed negotiations were held last Thursday and Friday with senior executives of WISCO and ITOCHU Corporation regarding a possible investment joint venture where WISCO would fund the development of a tenement. CMSB has at least eight existing mines currently not operating that would be suitable for such a co-development, allowing us to increase production via equity, and providing shareholders with additional profits, apart from our own expansion."
That means they want the iron ore so badly they are even prepared to go there and dig it up themselves if necessary.
announcement out, page-24
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