It is well worth watching the 6 min video with Nick Curtis....

It is well worth watching the 6 min video with Nick Curtis. There is no doubt this was always a seriously large project and it's both an iron ore mining and infrastructure play. He clarified they are hoping to make the financial investment decision in early 2015. The Flinders deal has clearly derisked the port and rail line which will be important when they try to fund the capex.

My view for what it is worth is if you own the stock, keep holding onto them and wait 2 yrs. Unless the stock absolutely cra&( itself over the next 5 months I will exercise my options in July and see where we are a couple of years after that. If the stock does cra&) itself, say sub 10c I will buy stock and let my options expire worthless. I'm not going to post on here too often going forward Unless we see news. I suspect it going to be fairly quiet for some months. Good luck to all.