magnetite set for takeoff, page-2

Thanks TTC, have just read the article. When one of China's richest businessmen (CITIC Pacific Chairman Larry Yung) pays over $470m AuD for 2b tonnes of magnetite ore and then boasts about it at 'a swish Perth function' (according to MN) that it will be a $5.2 billion money spinner you have to think that MXR's magnetite reserves could be worth a tidy sum.