FWL is a $14m company with not much cash left. MPI going no where and new high cost project depending on how much cash raised.
ROY is a $12m with $4m cash, 2Bt of Fe and has transport and port. Low cash cost $60/t.
My point is investors do not believe in Fe projects anymore... I already spoke end of boom about a few years ago. Only low-cost producers will survive, explorers already missed the boat. IMHO.
LCG Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held
