Yeah, would be great to hear where they are at with the prefeasibility study.... come one management...
IMO, the significant progress will be with the mining permit, with great significance of GWR becoming a producer.
Yes, massive deposit, yes high grade DSO, so if the management enlightened the share holders on any progresssion on the Environmental study, I'm sure the SP would be much higher.
"Environment and Rehabilitation
A detailed flora survey was commenced during the March 2009 quarter. This survey will
report on vegetation communities and species of conservation significance located within
the Wiluna West project area. This work will be completed during the June 2009 quarter and
will be integral to preparing a mining proposal."
Look at the value of companies in production and ones that are not....
ENTERPRISE VALUE/RESOURCE $A from GWR report
Mount Gibson A$5.06 - producer
Atlas A$4.70 - producer
Fortescue A$2.77 - producer
United Minerals A$0.82
Red Hill A$0.33
Iron Ore Holdings $0.29
BC IronA A$0.24
Murchison A$0.20
Ferraus A$0.20
Golden West A$0.10
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