SHD 0.00% 2.7¢ sherwin iron limited

It must be getting close to an update in regards to the bulk...

  1. 1,092 Posts.
    It must be getting close to an update in regards to the bulk sample.
    From the last announcement it stated end of June trucking would commence......
    It will be great for the company to start getting early cashflow from the bulk sample and the AUD is dropping whilst iron ore price is holding above $115 USD a tonne.
    That should leave a healthy margin once mining/transport/crushing costs are taken care of.

    The next quarterly should be a good read providing they can get a ship on route to China before months end.

    This is very cheap ATM
 
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Currently unlisted public company.

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