My take on today's trading was that it was unfortunate for a few 3day traders that were forced to sell because they bought on the news of the OP&R on friday. Unfortunate that FAS released their news for todays trading.
Lucky for me I didn't buy anymore on Friday, although I was tempted when I saw the strong buyers at 40c.
Would love to know what has happened with the 666,667 shares and whether they have all been sold yet or not. Now we are at support of 36-37c so good buying at these levels. I'm convinced that we will see $2 a share when news comes through regarding the railway and confirmed news from GWR about which method we will use to get the ore from Wiluna to Welds range.
Yes this will take time, but it's unbelieveable how cheap this is and how much you can currently get for your $.
GWR Price at posting:
36.3¢ Sentiment: LT Buy Disclosure: Held
