KI Update, page-49

I have been to China many times on business in my working life now retired

The growth in China has been explosive but in western China it's still pretty much under developed in terms of roads rail it's pretty hit n miss in places

Poverty is rife in western china the Chinese will always need steel lots of it the scale of projects is massive the population growth will explode with the second child policy now in play

Basically we are sending more than ever ore to china but it's a big world lots of under developed countries out there India the big daddy of them


India are making the slow transition to a infrastructure boom so I think the Aussie IO industry will do alright

Offtake agreements with dedicated steel mills won't diminish too much we heard all this back in 2008 china is finished etc etc they will never be finished just to keep up with the population they will need steel

MGX future with high grade at KI with an extension is bright just a nice little cash earner who need to put that cash to work either thru exploration

I'd like to see them pick over EMG ground in the mid west or head out to Wiluna for a drill on something