Smuck, someone already has the project.
ROY has it and has sold 50% of the Red Dragon tenement not including the hematite.
They are receiving $50 mill for this to get it to BFS stage.
You are looking at the next Gindalbie imo.
CAP have a similar project but have flogged off 80% of it for a free carry.
ROY will prove up as much if not more than CAP and will have most of it.
CI