I think that SHD is very under valued if you compare it with WDR which has a similar iron ore project in the same region. WDR currently has a market cap of around $270M, SHD has only $60M. You can work out where SHDs share price should be! They also have the advantage of a viable cheap route to market which WDR don't have yet.
I also hold WDR.
looking forward to the quarterly update, page-7
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