Whilst I love the West Wiluna Deposit, grading size and potential, there is a huge issue in the transport and the tonnage that could possibly be taken from there per annum when a solution comes through.
OP&R hopefully through in 2015, but how many years until we have a light rail to Wiluna. MMX and GBG will take up most of the port whilst it is limited to 45mtpa (2015). So until the port is at 100mtpa which is how many years after 2015, I can't see GWR making much tonnage for a long time.
If it wasn't for this very issue, GWR could be sitting many multiples higher in its shareprice.
That's my take on it............
GWR Price at posting:
80.0¢ Sentiment: None Disclosure: Not Held
