interesting presentation on ASX announcement page- worth a read Mt Oscar is seen to be one of the major last magnetite projects in the pilbara which the chinese dont own Down the road is CITIC's $5b project currently being constructed and MMC's Cape Lambert project sold for $400m Apollo only has a market cap under $20m close to ports and rails (less than 25km) unlike many other projects which are 100's of km away chinese interest should increase as iron ore prices are now over $100 per tonne again Lets see how this goes in coming months with further drilling and work on project
AON Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
