Considering the mine has a resource of 182.6Mt at 52.7% iron and iron ore is about $130 a ton for 60% iron they have at the top $2B It is actually a small iron mine and the terms of the deal are not really that bad.
And since after all they got a check they are probably doing much better than SRSR. There is also the security to the investor of being on a normal exchange and only 200M shares. With a 28M market cap they show how over priced SRSR really is. Scott should start talking to India. The chinese are not going for the bait