CAZ WFE

re: Ann: Winmar encouraged by high grade meta... LuckyM - I'm...

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  1. Choseright
    489 Posts.
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    25/10/13
    13:06
    Post #: 12486608
    re: Ann: Winmar encouraged by high grade meta... LuckyM - I'm sure there is capacity on the Solomon - Port Hedland rail today. Port capacity would be the issue. But it may take a BCI style deal to get on board.

    Looking at the map Winmar Hamersley deposit is only 25Km from Solomon via main road or slightly longer to RTIO Marandoo or Brockman / Nammuldi deposits. WFE should also look at mine gate sales. Any ore at +60% Fe grades may be of interest to FMG and RTIO for blending.

    IMO the met results are good. With shallow DSO grades it gives WFE something to move forward with.
    WFE Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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