Just looking at the deal with the Indians, I doubt its a major major hematite discovery. For just a couple of million $ in installments they sold 25% of that prospect to the Indians. A potential 50mt hematite prospect near the port would have market cap like GRW at $200m. Still at this moment it could get the sp to just under $1 if close to 50mt inferred.
trf hematite needs benefication be careful, page-5
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