hey followme
just a quick correction the JV with PSP is targeting 50-60mt of DSO hematite ore not magnatite, and that is only the Woolshed tennement they have substantial landholdings in the midwest iron ore region.
also the interest could be coming from the fact they are awaiting rock chip samples from the PSP joint venture where previous sampling(was around the 60% Fe), the company confirmed the results are due in around 2 weeks.