Good news Nomadd. The local iron-ore developments are sure...

Good news Nomadd.

The local iron-ore developments are sure gathering pace and surprising no-one yet has seriously addressed their energy requirement issues.

Im happy with recent PATTs placement providing a bit more liquidity and been quietly adding oppies to core as some short-sighted placees may be taking a quick short buck on it.

I dont think we will be given much warning ahead of any launch so methinks now is the time if u wanna play this game.

My reasoning is simple ..... if we are talking 100 mill poss project capex (?) then all I can see is multiples upside from current 16 mill market cap.

That means core fpo possie to ride it out to maturity and leverage oppies possie for the ride on the way is my MO for this baby.

And who knows, we may also join the U-boat pack along the way. Looks all green to me.

IMBOOC