Looks like first MoU with Chinese group Sinom has been signed -...

Looks like first MoU with Chinese group Sinom has been signed - sinom were major shareholder in Mt Gibson - strong China based group
Quarterly report shows discussions with a number of interested Chinese parties to fund development of Mt Oscar - as with Twiggy and other iron ore companies it takes time to finalise deals with third parties
Mt Oscar appears to be the last major magnetite project not owned by chinese - chinese bought Cape Lambert for a big sum last year which is up the road
could be interesting - drilling starting in August so that could get things going