You have hit the nail on the head.
In all my years of having a "punt" on the market this is the closest thing I have come across that is a sure thing.
One of the largest landholdings in the Pilbara that is still largely JORC unconfirmed but from talkings to people on the ground there is momentous amounts of Ore.
The delay in the Ridley announcement could be turning out to be a master stroke.
If it had been struck in Dec as originally planned the ore prices were nowhere near where they are now.
The price of that deposit has effectively doubled in value in my calculations.
Furthermore we still have really high grade ore in the mid west all ready for when Oakajee is built.
The ride so far has been up & down but from here on in it looks like a nice consistent rise up.
a no brainer with these iron ore prices, page-2
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