SHD 0.00% 2.7¢ sherwin iron limited

why this year is the year of the sherwin?

  1. 3,390 Posts.
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    This year is the turning point for SHD to emerge as Australia's newest iron ore producer and see the share price rally over the year just like how BC Iron, Atlas Iron, Focus Minerals and Integra Mining rallied when they were transitioning from explorer to producer. The same we will see with SHD, why:

    1. the Dow Jones rallied to over 14000 points on Friday.
    2. production to start by end of 2013
    3. agreements with rail and port (2mtpa) and native agreements
    4. Jerry Ren still holding a strategic 78% stake in the company
    5. a deal with Noble Group reflects Noble's interest in SHD, as TTY's resource is depleting
    6. SHD's resource is half a billion tonnes of hematite grading from 40-50% AND DSO.
    7. next to rail allows deliverability to market a cheaper and likely option to production (opposed to WDR)

    SHD is well position to grow several fold over this year.
 
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Currently unlisted public company.

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