Ann: Winmar encouraged by high grade metallurgica, page-8

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    re: Ann: WFE: Winmar encouraged by high grade... Good met results. Very positive. Shallow DSO at +60% Fe, imo better grades than FMG / RTIO pulling out of neighbouring mines. But market seems to apply zero value to this deposit, I assume on basis of no infrastructure access today. This can be achieved in time. In the heart of the Pilbara, +40Mt indicated resource, +300Mt inferred, good grades,this is shaping up nicely. Cazaly should be more active with the Winmar JV.
 
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