wdr takeover bid great news for shd, page-3

Wipeoff, have a look at the below last SHD announcement that should bring you up to speed with SHD.

Yes resource already proved and very close to WDR and transport options barge down river, truck to train line not far away etc etc.

See below why SHD is cheap

SHERWIN IRON GRANTED NT GOVERNMENT MAJOR ROJECT STATUS
Sherwin Iron Limited’s Roper River Iron Ore project has taken another step forward after being granted Major Project Status by the Northern Territory Government.
The decision is a major milestone for the company, which has a current resource of 488 million tonnes within its Roper River Iron Ore Project 500km south east of Darwin.
Sherwin Iron Executive Chairman Barry Coulter said the Company has been continuing to build the case for the project including ongoing discussions with representatives of traditional owners and working through the environmental approvals process.
“This is another important milestone and gives us the confidence to move forward with our project,” Mr Coulter said.
The granting of Major Project Status ensures a Government team is established to help facilitate the appropriate environmental, heritage, mining and safety approvals the project will require as well as ensure maximum benefits to the local community and industry.
“We’re proud to be a local company and are committed to Territorians gaining the maximum benefit from this project,” Mr Coulter said.
“We’re delighted with the progress to date and the level of confidence shown by the Northern Territory Government.”
Sherwin Iron is working to lodge a Notice of Intent, the first step in the approvals process for the project, with the Northern Territory Government later this year.