no need to bailiron ore deal looks more and more likely with MMS primary candidate with shovel ready high grade ore - 60M invested to date - and government looking to save rail and port jobs, and Cliffs possibly looking to reduce some of its 85M closeure costs. Plus you get Pilbara gold, hillside greenstone belt gold, cobalt / Ni and Lithium projects in Australia and US --- whats not to like at 5 cents
I have an optimistic target of 24 cents based on an iron ore deal sometime in 2018