approvals the break?

G'day holders,

I've admired this stock for quite a long time and have posted a couple of times in the past, but for various reasons I've not actually bought in until today. It had been my plan to enter with a much larger purchase early in the year but unfortunately the debacle at Tassie neighbour BSM destroyed too much of my cash, so for now I'll have to be content as a small fish.

I presume the only break on the SP has been the worry that the green lobby will keep the lid on development, since I can't see any other credible roadblock to stop the company becoming a highly successful miner of varied commodities. What I like the most, apart from sound management, is the idea that the (now fully funded) easily accessible DSO Fe will fund the other developments, thus avoiding enormous debt and/or massive share dilution. The other attraction at present has to be the prospect of exciting exploration updates from Big Wilson to energise the SP at regular intervals.

Best wishes to all.