I hope you all realise this is extremely good news for cys.
sfr will have no choice but to eventually either buy out cys or JV before they can begin to mine. this info comes from a client of mine who is a director of an iron ore company in WA. his words put a smile on my face.
i imagine if cys come up with the goods which i feel is likely as many believe the naracoota is the host of all this good stuff they will pay alot more.
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