This (17/08)In addition to the current operational focus, GWR is...

This (17/08)
In addition to the current operational focus, GWR is pleased to advise that the recently initiated desktop study by experienced logistics and materials handling specialist, Mr Paul Leidich, is progressing well. The desktop study will seek to identify and assess project delivery components such as infrastructure, logistics and port options for exporting from the 100% owned Wiluna West Iron Ore Project (WWIOP) on a long term sustainable basis.
Im not sure Paul would have been told to plan profit around $100 IO price but perhaps and army of solar powered drones costing $50 each could be possible on planet never never.... Having said that he is a specialist so who knows.

Given the the board have a few shares and things are turning to crap for now a dividend is a great way for them to extract some immediate cash from the business for themselves rather than a cut from selling off a distressed asset at whatever they can get later on.

My money is on C&M - I dont know what that means for the cash but they wont be able to just hold on to the money while under C&M.

Good luck everyone this will be an interesting ride.