One thing that we must consider is that the iron project in Wiluna West is significant and it is highly possible that it will be played for with takeover offer that we would all accept...
Perhaps it might play out that a Chinese group will pay for the railway from Welds Range to Wiluna in exchange for a % of Fe in Wiluna. Perhaps they will just want the project straight out. If they offered $1b for it before we go into production its a win win for everyone.
So a demerger off non iron assets at this stage may be a good thing, considering we will all get shares in it and they will raise capital to do something with it. 3.5g/t would be quite profitable for gold.
One thing that we must consider is that the iron project in...
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