MFE 0.00% 1.0¢ magnetite mines limited

permission to come aboard capn, page-5

  1. 6,675 Posts.
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    Check out the members list of 8 for the Geraldton Iron Ore Alliance cited in link below re Oakajee.

    U would think there will soon be consolidation within that group next year some time (?)

    http://imagesignal.comsec.com.au/asxdata/20080730/pdf/00864444.pdf

    What's ROY's resource size of DSO in its 40% JV hold of GBG JV?

    Whats it worth as IG addition to GBG's resource ?

    Do u really think GBG (600 mill current market cap) will allow any minority holdings in its 'corridor" once the cash starts rolling in next year?

    I think we are talking biggish numbers here bros for the PROVEN STUFF.

    And then we have the uranium wildcats.

    Given ROY's cash + liquids possie, all this valuable "stuff' is only being rated a 3 mill EV price tag by the market.

    That aint likely to remain the case for too much longer methinks.

    Technically needs to do a little work around 11.5 then hopefully we might see some V-kinda recovery off this strong base being formed to match the slope of previous mid term decline as we move into next year's serious biz time for NW iron ore industry.

    And then we have the uranium wildcats.

    Wealth creation vehicle here for mine to reward the patient brothers.

    IMBOOC

 
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