The Big Reveal, page-8

Clark888 summed up the situation nicely on Post #: 35444619

'IF Mr Gupta believes there is surplus Fe to sell into overseas markets, that will be his call not Havilah. He currently sells surplus hematite from his SA mines overseas, so he has the marketing and logistics already in place.'

Were Gupta to wait until the last minute, he runs the risk of the likes of Hancock, FMG, Mineral Resources et al beating him to the punch. He could be left with a shiny new plant but insufficient feedstock.

Equally HAV needs to be savvy regarding the terms it negotiates the granting of any exclusivity extension to SIMEC. HAV could do worse than adopt Choochx01's suggestion, from Post #: 36800475

'a dollar figure is agreed upon to be paid to have the exclusivity. It is stopping anyone else from looking and possibly buying in. For that right then cash needs to be paid'.

Everyone with an interest in these assets needs to play their cards right.

DYOR