deal is done ! announcement after asx closed !

http://www.asx.com.au/asxpdf/20100923/pdf/31spcrtyzdvhyd.pdf

So Sherwin is owner of this great RoperRiverIronOre-Projekt finally.

Lets look what the Jorc-Calculation and the ScopingStudy is good for...
Seems very interesting.

If they get the target of producing 2-3m tonnes of iron ore per year, there will be a winning profit of 10-150m AUD$ per year. The project is so big that they could produce 10-12m tonnes if infrastructure is ready. So make your own calculations and research :-)

Ready to share the win (Sherwin).