long term gains, page-3

Hi Thomps

I dont believe we need to keep our fingers crossed if we are long term holders. We should see their target of 10MT to 20MT confirmed as a JORC res at Beebyn. We shoulnt fret if its at the lower end. Valuing this at $5-$10 per Tonne after costs will not ignite the sp. This coy keeps making many small positive steps over the years. The real price mover will be the iron ore results coming out over the next 18 months.

Also there is a plethora of information due to come from its other projects and its stable of investments.
The announ today from PMH was very exciting but the market
hasnt given it just recognition
Look at RHI showcasing their acumen with iron ore projects. $0.50 to $4.40 in under 2 years. Up 10% today. Eventual corp rationalization must occur here. GIRs holding is currently worth over 28M.

This coy will just build and build with the eventual growth in Sp.
The traders and people needing to sell will drive the price down at times but the pathway is upwards.

Regards Warwick