Arden b obviously tipped his last hard earned dollar into RWD @ 18c and has turned it into 16c
Keep averaging down you will win eventually
Out of all the crap ever spoken on hot copper that statement is at the top of the pile
Geraldton does export grain and is authorized
For fertiliser . Fertiliser is what makes the grain grow and is currently imported
Geraldton also does iron ore and rare earths through sheds so there is no dust
Port Hedland on the other hand is the most fought over real estate in the world
With the biggest and richest people the contenders
Gina just paid $ 400 million for ATLAS to get their spot in line for a berth that does not exist yet .
The biggest problem with Hedland if you can get a space and afford it is the dust
Their has been fierce battles between salt miners and iron ore companies over dust contamination
But RWDs product will already be contaminated after 500 km of dirt so it probably won’t matter
RWD Price at posting:
16.0¢ Sentiment: Sell Disclosure: Not Held
