re: Ann: First Tranche of Placement Funds Rec... JMS have shelved further expenditure on their magnetite project to concentrate on DSO and i would imagine others will soon follow suit. Sumitomo's valuation of $0 for magnetite may prove to be not far off the mark.
By "other interested parties", i was anticipating a steel mill not just private individuals. Hope to hear news on this front sooner rather than later as well as news on further DSO exploration they have talked about.
Ann: First Tranche of Placement Funds Received , page-3
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