Wombat "railway" you got my ears pricked up I was the one that started the TTR thread and also was in MGX at 17 cents so I know the worth of rail also relevenat to OMH as is the northern territory and props up the rail there with TTR. It is the one reason YRR are not exporting their vanadium to as their deposit near Meeketharra is to far from the rail.
THe vanadium could be direct shipped ore possibly (DSO)so immediate cash flow railway ,DSO it all adds up.now what about grade ?
I am going to do some research on this one. So far I see they have about 3M they need to owe the Govt a deposit at Manbarra that seems too low in grade to be worth mining around 3% Zn and something called cawse. Its too early so still groggy.
wasnt Biddle in a tungsten project in the NT several years back
Cap seems low
significant new prospect at mt peak, page-4
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