Omegaoil,
Thanks, very helpful. I am still tryimg to get my head around iron ore, should have done it long ago.
*Impurities are obviously a key point on which you feel SRK is OK.
*Strip ratio sounds OK?
*Logistics sound daunting, however perhaps par for the course, eg FMG,SDL, most in the midwest.
* Management. Very important to me. Malcolm Richmond certainly appears to add credibility.
Any thoughts on GWR? Looks to me like it could be a bit light on management currently, plus I am VERY wary of anything heavily dependent on new WA infrastructure atm.
EL
massive iron ore deposit, page-19
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