Ann: Perenjori Iron Proj Negotiations for Offtake and Infrastruct, page-324

Western Australias starting to heat up.

Armed with a $6Billion war chest FMG IS expanding and converting to more greener pastures.











"Future development including a renewable, green hydrogen hub in the Midwest region at Oakajee would deliver a large-scale resources and renewables project for Western Australia, further underpinning our enduring relationship with China,” Ms Gaines said.





With DSO reserves running low at Port hedland, a potential offtake or infrastructure deal with the upcoming FMG Oakajee hub may be a possibility.

Sinosteel is well established in the area as per below and with FMGs participation in the WA more giants will be looking for a slice of the magnetite pie.




The AGM coming up seems to be allocating room for a play, imo likely to be a joint venture or similar.

Cash backing at present near $5million

Completed PFS allowance below- Albeit this is for the Perenjori project rather than current Victory bore PFS.


Theres a fair few interesting things happening amongst the multiple tenements that SRN holds.

Alot of gems underwater currently, SRN imo is one of them.