that pwc val is just for magnetite in ground at the current 600 mt not the 900-1.2 bt and doesnt include western haemitite and doesnt have any reference to the mpi val.
a few years ago when the plan was for 500,000 t not 1 Mt
the Australian said the project was worth a billion this was without western haemitite
if a deal is done all will be drilled out quickly and we will know
