At the AGM on 14/12/2012 Iron Valley was to be 'Construction ready by early 2013'. A PFS has been completed for a 10-15Mtpa production case of the 259Mt 58.3%fe deposit.
It was also stated they wanted to secure the FMG Transaction or develop an alternative.
Seems like they'll either become a miner or monetise the deposit with someone other than FMG. The only question is who?
