"one's own access to an ore mine is attractive but for the realization of the project is not required". I agree that the primary objective of ABS Boulder is The Gladstone Steel Project while iron mine acquisition isn't. Although don't forget that the option to mine acqusition will always be there if there is a good deal around somewhere, they shouldn't rush into this, IMO.
Let's not forget this: six months ago shareholders were focused on whether ABS and BGD were serious and will fundings be secured? Now the answers are YES, so why should anyone be focus on the speculation if an iron mine deal can eventuate right now?
BGD Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held