re: Ann: 200-250Mt Initial Exploration Target... To be honest - I am a DSO man. It is the capex required for magnetite that turns me off. Despite the infrastructure advantages that Yerecoin has. There just seems to be a lot of hematite lying around. At least in the Pilbara...
But its great that they have a number of project on-going. And without a doubt, Yerecoin will be developed some day.