hidden iron ore potential, page-50

could be a very interesting week ahead for RSL, with the Malawi Uranium leases due to be transferred any day now, when announced it will certainly put the spotlight on RSL as Malawi is one of the worlds hotspots for uranium at the moment.

but what should really attract people is the very prospective iron ore tennements in and around TTY's Frances Creek Iron Ore operation, as TTY has shown it is possible to become a very profitable iron ore producer from the Northern Territory, good infrastructure and port facilities.

Given time this is what RSL should be aiming for (TTY has a market cap of $300 million compared to RSL $10 million), it is only very early days for RSL but the signs are very positive so far.