Reading the half year annual report you will notice that GWR has one very good thing over other potential mining companies and that is that they have $21 million sitting in the bank.
With a market cap of only $36 million and billions of dollars of iron ore in the ground this company is seriously undervalued.
Obviously there are challenges of transport and port access - but they will come together overtime.
It is just a game of patience.
GWR Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Held
