This is GWRs year for doing deals (the big one is a JV (or...

This is GWRs year for doing deals (the big one is a JV (or whatever) for the iron ore). The infrastructure agreement between GBG and Sinosteel announced today is a precursor of what can be expected. Sinosteel is the big player in the region and will probably drive this.

GWR has the highest grade orebody in the region - and will be a major asset to other companies like Sinosteel to blend with their lower grade ore.

The directors are getting set, and they have already announced the possiblity of a JV.

Maybe that's why the share price is up today while the rest of the market is down.