its a solid announcement, and confirms we are on our way to a...

its a solid announcement, and confirms we are on our way to a cash cow.
Dont ask me what sellers are thinking, other than taking profits from recent entries.

Market is still waking up to the iron ore boom, and GWR are at the sweet spot of transition to a cash cow.
Larger off takes, etc, will follow, when there is a mining plan, etc, for stage 2, and other satelites.

"The competitive nature of the bidding process for GWR’s ore, is testament to the quality of the
product. As outlined in recent announcements, we are actively working to increase the
tonnage in Stage 1 and are confident of our target of first ore at port in early January 2021.
Additionally we are discussing Stage 2 production with interested parties to leverage our
position in the current buoyant price environment for Iron ore"

Todays Sellers wont have any stock left to influence the sp, when those announcements come, or as we start mining.