Good news. More hematite to be mined from Wilgerup and shipped via Port Lincoln. We have a 10 year window to mine as much hematite from Wilgerup as we can and use Brennen Jetty at Lincoln. Without knowing the full details of the HOA, it appears CXM may get a fair sized portion of this hematite mineralised waste at no cost.
And speaking of hematite, I think that more drilling at Cockabidnie will start this month. The earlier drilling results at Cockabidnie were outstanding. I hope that this next round of drilling will define some big reserves of low impurity hematite.
CXM Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
