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Ganfeng have a 49% shareholding in an AU Iron Ore company and...

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    Ganfeng have a 49% shareholding in an AU Iron Ore company and are the 3rd largest steel producer in China.
    They are not taking this position to cash out their shareholding within a week or even months. If CXO progress adequately it is more likely they will inject more capital to increase ownership.
    I am not suggesting this is in the near future but it will possibly become a part of the CXO story over the next 2-4 years.
 
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