WFE...multibagger in the making, Drilling Feb 2017, page-5

The Lomero drilling is the highlight at present but surely this is worth being in for just the the iron ore.
From the director's address to shareholders in November:-


The price of iron ore has subsequently recovered. The original valuation almost doubles the current market capital. Fun and games going on over at FMS. Todd Corp are building a Pilbara railway
and appear to be trying to takeover FMS for their ore supply. At these levels they could get WFE
ore for a song and a decent bargaining chip(IMHO).

This is purely speculation,
I am not a financial adviser. Do your own research.