Ann: Quarterly Activities and Cashflow Report, page-62

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pindanplotter

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09/05/21

02:32

Post #: 53042618
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Originally posted by VBKnight: ↑

Never heard of Rumble until a mate recommended them in July last year (I should send him a bottle of Champagne).

Logistics maybe 2 options:

Truck 800km+ to Geraldton, share the facilities with Golden Grove's zinc concentrates, perhaps same stockpile & shiploading opetations.

Or truck 300km to Leonora Railhead, then rail to Port Pirie smelter. Plenty of capacity on the transcontinental going back east, use half height concentrate bins.

Agree greedy feds should use our WA GST to build rail infrastructure, perhaps standard gauge heavy haul Perth to Pilbara, extend Leonora to meet it somewhere north of Meekatharra & another connection to Mt Magnet & Geraldton.

Or state government could go it alone if an analysis shows the royalty potential income shows a good payback period. Might allow the stop-start iron ore mines across the area to operate in more trying market conditions, keep royalties coming in & help the feasibilities of many other future mines.

Otherwise bins on quad road trains similar to these from Sandfire, driver changeover point at Caltex Mt Magnet:

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I agree mate, I have a similar story, maybe a similar mate? if id held my shares from January id be up roughly 480k...

anyway.

With the right federal support WA would go ballistic. However we have always been the rich sibling helping out the rest of the family drinking champagne on a beer budget.

RTR Price at posting: 74.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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