RE:1EttingerHi Cigarbutts,
Oh dear! I was not contemplating forensic accounting. IMO all transactions in the Pilbara will be at inflated prices (the greater fool theory). I am not worried whether Artemis paid over the odds or well over the odds.
My question, and interest, is understanding how much of that squiggly red line (prospective contact) is at or near surface. This is where our local 'feet on the ground' and 'eyes in the sky/or on the map' may be able to help.
My naive - and ignorant - interpretation of Figure 1 is that much of the land is moose pasture (doubly useless in Oz), but the few at or near surface places (on the squiggly red line) with exposed conglomerate will be of immediate value.