Some of the things that gives me confidence are:
1) China. Their need for iron ore and their preference to source iron ore outside RIO, BHP, etc.
2) The existing size of the deposits & grade
3) The aeromag surveys
4) Having RIO close by
5) The port which is definately going ahead and has been changed to suit the larger ships.
There's probably heaps more but my 60 second contribution.
What concerns me is that Klob may post again on HC.
Butchy.
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