Hi all,
I went to the AGM and asked questions around what we can expect in the next 12 months.
The company directors are considering a number of options at the port of Geraldton where a number of opportunities may arise given that some capacity at the port is likely to be freed up for a number of reasons, shortfall of ore etc.
GWR is investigating the possibility of taking advantage of that opportunity however the only way to get the ore to port is via road. This brings about the issue of transport costs as to whether the option is commercially viable.
Negotiations are in progress, I assume at the very early stages and number crunching is underway. I was assured that if the maths added up it was an option which GWR would proceed with.
2014 (is this the year we have been waiting for).
Best of luck to all shareholders, it is still on a wing and a prayer.
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