Westnet rail, a subsidiary of BBI, has a railway line going up to Leonora from Esperance. 2008 annual report says: (extract) Öutlook: "significant growth outlook from existing customers (Eg bauxite, alumina and iron ore) and potential major iron ore development opportunities in the mid west region of WA....working with mining companies to increase haulage of haematite iron ore from 3mt to a target of 12mt.."
GIR Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held
