bargain because is not an iron ore address

if wpg was in the Pilbara the sp would be $3.00. people do not associate South Australia with iron ore but that has nothing to do with the JORC resources, they don't differentiate between States. It also has nothing to do with profits either - a dollar earned on sales in the pilbara is no different to a dollar earned in SA. wpg is a bargain because it has better economics than some of the pilbara juniors but lower share price and market cap.