Ann: Revised Third Quarter Activities & Cashflow Reports, page-5

Just read through the announcement in detail. The detail within the document is fantastic but I particularly like the below paragraph from Peter.

“In this last Quarter, your company has made significant progress towards delivery of a robust high grade iron ore business. We are on budget and on track with our plans.
The PFS, currently well-advanced, aims to arrive at a single go-forward option that provides a sound and compelling business case across the range of iron ore pricing scenarios. Importantly, the PFS scope envisages a capital efficient, long-life mine producing an attractive high grade iron ore product"

We have bought in to a company with huge in ground resources, that is still at a low market cap that will be in production in 3 years from now. Given the current price of iron ore, which is only rising, we are in such a good position.

Bring on the excavators!!