Terrific news.
I hold ORD and think there is a lot of potential. However, smelter talk is a little premature at this point (lets get a few drill holes in first), but it is interesting that the Chinese are keen to increase it's association with ORD and other Aussie companies.
The most sense for a smelter would be for CuDeCo, which is more progressed and are talking with the Chinese (all Chinese companies are owned by the same mob....the Communist party....). Maybe a central Australian smelter to stick it up Xtrata, BHP and co....
Anyhow, it is certainly good news for ORD and we should see a move next week.
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