I am sure AA will exercise DD on the Iron ore deal.
But, the bigger picture I feel is to establish a 'foothold' in Western Austrailia with much bigger prizes on offer.
The deal may of course collapse but very unlikely.
The '60 day' starts when the plan is issued. Some on here seem to think all the 60 days will elapse before a decision is made. Why? most of the detail is already there. as the year progresses the drilling/mining season passes.
AA will be keen to see this blossom just as UFO and indeed we are :-)