Thanks OzBlue, yes you are correct there. And also with your...

Thanks OzBlue, yes you are correct there. And also with your earlier post, they should have more about costs when production under 14-15mt run rate given this is only for 2 years at best. So yes all gloss in the letter, but not mentioning much about the downside. At the meeting DF did say there are two mines close to the others that could easily be 'tacked on' but more detail and cost on all of this should be given.

A lot of downside risk as you say. It does come down to a gamble on iron ore prices and in reality if you want to punt on that, then perhaps another iron junior has more chance of offering that reward.

I think we will hear more new from the company before the CR closing date. IMO & DYOR