Don't be surprised if GJ is talking to a consortium around a grouping that may include: Xstrata, ArcellorMittal, Tata Steel, POSCO and even Vale.
It is not in Australia's interest (or anyone's long term interests) for this IO province to fall into Chinese hands.
I hope SDL is also to do a FRS (having AGO trumping Wah Sham) to pull a rabbit out of the hat at the last miniute.