GWR 0.00% 8.6¢ gwr group limited

Ann: MIO: Macarthur signs term sheet with GWR Group Limited, page-42

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  1. 2,257 Posts.
    lightbulb Created with Sketch. 2397
    I am totally confident we are sitting on over 500mt, I am not sure that I have mentioned that before. (For all the haters)

    The one thing that's always stopped GWR getting to its full potential has been access to port.

    12 years ago when the plans were being made for rail access we saw the interest here come alive.

    However getting even 2mtpa to port under the current capacity gives us a mine life of 250 yrs.

    Compared to major Iron Ore players like FMG for example, that has Chichester Hub with 100mtpa capacity, then 120km west is Solomon Hub with 75mtpa capacity,

    If we know the earth around us is highly prospective but worth little as its owners cant mine it, doesn't it make sense to grab more of it?

    Just putting it out there for discussion as this is outside of my knowledge.

    10x
    Last edited by TenX: 15/07/21
 
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