Iron Ore Rally Again?, page-66

Dear Donedeal,

It is purely based on past actions in Feb 2017 (over 1 billion shares changed hands), and particularly approaching the renewal of permit. We may get some good news soon. It looks like that buyers keep coming back at 0.004.

It would be interesting to see how will main shareholder do with his 2 billion options which will expire on 31 August 2017 (Options exercisable at A$0.006 before 5.00pm (Perth time) on 31 August 2017). If I am in the main shareholder's position, I will sell my options via private placement (off-market) to the Chinese company and let them exercise it.