Hi shared I totally agree, I believe they have the highest grade undeveloped hematite deposit in the Midwest with 130m t @ 60%. The JWD deposit for which they have mining approval very high grade is 64% Fe. With an infrastructure solution they can start digging no more hurdles. Others in the Midwest / Yilgarn other than CAZ or not even close to having approvals native title etc sorted out. As you noted they have no debit and no royalty's and appear to be quietly getting on with the job perhaps too quietly as the market does not have taken this on board.
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1 | 40000 | 0.099 |
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