Management set to build a billion dollar company, equivalent to $3.3 per share. Holding tight till the drilling results.
As CEO said in the interview, all cornerstones are set, preliminary studies are done, drilling contracts secured, exploration starting next month.
I don't see any downside risk apart from a financial meltdown.
If you read news about WISCO, their CEO said their only issue at the moment is that there is not enough iron ores to feed their production. And the company's primary objective is to secure iron ore supply.
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Ann: FIRB Approves WISCO Investment , page-17
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