hi glenni reckon you're right about the whole pilbarra...

hi glenn

i reckon you're right about the whole pilbarra angle.

just as another comparison, HLX jumped 100% this last two weeks on the back of a research report by RB Milestone Group (a wall street equities firm).

RBMG have assigned a value to HLX based on its Yalleen Iron Ore JV alone (30% of 84mt @ 57%Fe) of 95c. this equates to a MC of $176m (fully diluted).

that's like $3.45 in RHM speak.

you could buy alot of peanut butter, jelly and bacon sandwiches for that kind of moula.