finale : prediction & analysis, page-9

Ironking, Mlabam-Nabeba is beyond that an IO mine like Tonkolili. It's a regional consolidation hub of the New Pilbara.

The value to China of unlocking a 100MTA supply is immense and goes above and beyond the basic commercial and economic benefit of owning a 800MT $21/T resource and billions of tons of itabirite (premium concentrates with a cash cost lower than the likes of AGO, MGX and BCI).

There is the added advantage (see the tug-of-war with Japan) of having political influence across central Africa if you own a 50 year producing resource that happens to be a huge part of the GDP of the 2 countries.

It looks like there is a China-Sundance tango of sort going on and they are dancing in LOCK-STEP.