Anyone else think that this announcement is a good thing and that they actually might be moving forward with the project now. Im not a shareholder yet but have been watching this closely as the deposit they have will be one of the largest DSO deposits in the midwest.
Appointing people with iron background/history is a key to unlock the value of the deposit and according to the announcement this is what they plan on doing.
They key is a rail link to wiluna as we all know that the iron ore game is a game of infrastructure.
When the resource upgrade eventually comes out (sept now) im hoping we see a resource of at least 200 million tonnes.
In specie dist of shares in a new co is nice but not really that important as its not the main game. People in GWR are in for the FE
new start
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