Looking To Buy (Perth WA), page-20

Hi MWR8, like you I have the IPO constantly on my mind and the initial valuation by the investment community given we are now the only world class iron ore game in town.

I think China's ruling elite having acquired Simandou remaining 2 blocks in 2020 and been blasting tunnels and building bridges for a year now is in a serious bind indeed.

This is especially so given the euphoria surrounding their steel industry cornerstone iron ore diversification plan that appeared on the internet periodically since the beginning of the year.

Agree about the likelihood Ding is putting the final touches to the giant project framework covering funding, ML and construction plan.

Bloomberg article refers to the Simandou 4 blocks to contain a trillion dollars worth of ore. The Sangha Mbalam cluster although not the same grade nonetheless is nothing to sneeze at. LOL

Go ANS !