hard to say....I had a look in a well respected mining...

hard to say....

I had a look in a well respected mining magazine.

ROY did not crack a mention in the iron ore potentials that they were covering, which could be a good thing, as it is going under the radar.

WPG did, but they have a higher grade inferred resource than ROY. I think it is up around 60% (don't quote exact figure).

I think the main thing holding ROY back is the grade of the ore, being under 30% seems to be on the low side in comparison to others which are up around 50%-60%.

Also one thing to consider is that the expected price of iron when ROY could potentially be mining.

You'd have to say ROY is 3-5 years away from mining, so ROY are still a long way out from producing cashflow.

I think the positives for ROY come from Resource upgrades which will hopefully be a billion tonnes!!!

it seems a pretty simple story, and i like the fact its close to infrastructure and port.

they need the CEO of Atlas Iron to pump the story!