re: Ann: Exploration Target Update - Mt Forre... Thanks for the heads up, was a good read.
They have set up Mt Forrest to be easily spun off into a new company somewhere down the track.
Although they have stated they are looking to fast track Mt Forrest into production, how long would it take to build a new rail line (150km) and upgrade the existing rail? I would imagine this would take a number of years to finish.
The detailed mapping of the site - as mentioned in the article - is allowing them to pin point known higher grade areas instead of 'mooching around' looking for them. This means we should get drilling success earlier in the drilling program.
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Ann: Exploration Target Update - Mt Forrest Iron , page-11
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