that is the problem - heaps of iron in the area - but without access to infrastructure, it is worthless.
atlas (ago) a few years ago, offered a good price for aurex - but the attraction was the port allocation of 6m tonnes (or whatever) per annum.
there are so many hopefuls in the pilbara (eg wfe - a company linked with caz) , who have a deposit - and one day it will be mined - but it could be in 50 years time - the same for caz at parker range.
anyway, mcmahon has been a buyer at higher prices, and he has a better idea than most.
CAZ Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
