FMG looking to go JV with magnetite and focus on their DSO.IOH...

FMG looking to go JV with magnetite and focus on their DSO.

IOH with large magnetite deposits in the throws of being proven up (been a while since we had a Maitland River report) and close proximity to SINO project AND a potential few billion near exisiting rail at Mesa J.

Expanded team including metallurgy background, and ex-native title invovled lawyer.

All adds up to me to suggest some hefty deals for magnetite could be in the pipeline.

Anyone wish to post some thoughts on this?