Alien Metals Ltd (LON:UFO) Bill Brodie Good talks to Proactive London about their next stage of exploration at the Hamersley iron ore projects in Australia.
Good explains how they will now increase its effective interest in the Hamersley Iron Ore Direct Shipping Ore Project, situated in the world-class Pilbara region of Western Australia from 51% to over 90%.
He goes on to explain how the acquisition provides increased flexibility to fund the project via joint venture, partial sale or spin off.