With this appointment imo probabilities are that Chinese may...

With this appointment imo probabilities are that Chinese may take up a interest as well, if not now not far down the track. The Chinese are there but they may be willing to pay a small premium and wait for more results. We all know +200mill is not much for these companies to pay for quality assets. This MD can play the independent for future capex fund raising between any large holders. It'll cost billions to get the show in production I'm sure NMDC are welcome to share costs for such a large project.

It's a positive announcement for me.