ITT today released an iron ore broker presentation, stating that ITT is developing an iron ore company in Queensland. Looks pretty good.
Has focus on 5 prospective iron ore projects in QLD. (theres 6 projects, but 1 could be sold off for some good cash)
Within the 5 projects, ITT is targeting several high grade DSO magnetite deposits and an exciting magnetite mineral sands project.
Any opinions?