Let me get you up to speed, Glencore off-take for life of mine...

Let me get you up to speed, Glencore off-take for life of mine (binding) for a project NPV(7.5) > 1 Billion. Current assets on balance sheet in the neighbourhood of $80-90m. EAS on board to help fund to CAPEX requirements (highly probable). Port& Rail infrastructure currently in discussions, JV for our hematite & possibly magnetite projects moving forward. BFS due in March.

Here's a little DD for you, our 1b tonne resource was inferred using a smaller head grade back in 2012 when initial drilling occured, the most recent drilling used a larger head grade which resulted in a greater mass recovery, by my calculations, indicated resources should increase approximately 30% for out moonshine project alongside a higher average concentrate recovery.

We won't even factor in our Treppo grande project or our 25% stake in the JV'ed tenements.

Market Cap? < $20 million.

possibly one of the most undervalued developing iron projects I've seen. It's no longer in the early stages, this could be operational in 1.5 years. GL on your research!