GIR has an interesting chart on this metric in current presentations and GWR is one of few who appear cheaper. Obviously in iron ore there's a lot more to it than $/tonne but interesting nonetheless. Showing a realistic logistical path to market increases valuations dramatically. It seems a better investment than drilling to increase your resource beyond a certain point.
Not sure about GWR in this respect. Great quality ore but difficult to see the strategy, especially with so much intrigue going on within the register.
GWR Price at posting:
79.5¢ Sentiment: None Disclosure: Not Held
