Should also mention that in YT's analysis he mentions a 100Mt resource from company, however I took the initiative like you to call the company last week and was told they just wanted to be conservative however truly are targeting 220Mt. The sale of such a resource as you know is worth at least $1 to the share price.
With the latest increase in iron ore prices, Sinom would be crazy not to purchase the project and turn their acquisition of Extension Hill into a serious profit earner.
Clearly the word is out in China and they want to get their hands on as much of the action as they can.
Strangely in ACS's country of origin it seems to have been getting no attention.
