GWR 2.33% 8.8¢ gwr group limited

will gwr now be a sinosteel target, page-5

  1. 904 Posts.
    $$$$$$$$$

    As per company presentation on GWR site
    45% increase in our Inferred Resource since October
    2007 to 126 million tonnes at 59% Fe.
    �� An independent geological review has determined a
    conceptual project iron ore target of between 320 million
    tonnes and 470 million tonnes ranging from 56-59% Fe.
    �� In 2008 we executed off-take agreements with Hunan
    Valin Steel Company Ltd (4.5 million tonnes per annum
    over 15 years) and Yijian Investment Co Ltd (0.5 million
    tonnes per annum over 15 years).
    �� We have appointed Engenium to undertake a prefeasibility
    study, with study results due in May 2009.
    Engenium completed a scoping study during 2008.


    engenium study results due in May 2009??????????

 
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