SHN 4.55% 1.1¢ sunshine metals limited

iron ore

  1. 839 Posts.
    If gbg have 700,000000 tonnes of iron ore in the ground and they are over 300 kms from the coast, and SHN have over 1-2 billion tonnes, and a stones throw from the coast.
    What does this make shn worth????

    What about fmg?
    2 billion tonnes way inland, huge overheads and a share price of over $8.00
    It does look good for shn in my opinion. 16.5c sounds very cheap indeed.
    Plus the Mt Salt uranium which could be shn's very soon and of course who could forget the good old Nickel and gold deposits.
    Iron ore, nickel, gold and uranium and some high credential individuals backed by the proffesor????
    The mind boggles....
 
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