It’s a solid point.IAC is likely controlled by Chinas low OPEX...

It’s a solid point.
IAC is likely controlled by Chinas low OPEX which is why the majority of the other half of global supply comes from hard rock sources.

Im guessing this deposit (once proven at a 50x50m spacing, diamond and perhaps variography drilling), with the right economic conditions may be viable. Consider metallurgy, and other variables which affect the product….deleterious elements etc. We have to consider government and other 3rd party stakeholders including heritage, water and environment as well.
This then need transport methods, marketing and funding at a BFS.

We need years to do this. so,… long term? absolutely worth having a crack and this is excellent foresight.

I think to work right now, in this market you would need a Chinese corporation to buy it and send a bunch of skilled workers willing to work for very little as far as Australian living standards is concerned (Probably why the average Aussie finds it harder to find work and finds the wage/salaries lag).

The Australian mining industry is so heavily regulated which is great! But it’s costly. All for a reason, because it’s very profitable and every nation is aware of this.