Hawsons Iron (old CAP which I also owned for a while) just announced a $200m funding package. The project is huge low grade in-situ that beneficiates into a high grade fe product. It has massive capex and requires high fe prices to work. Go back and read the history of the last the couple years from a shareholders perspective... the trashing of management, their incompetence, not working in shareholder interests etc etc etc. Same *** different day
I am not cross promoting. The ASX has many many examples like this (AZL another good recent one). EMP is exactly this situation. The forces that drive investment in Judith are getting stronger and stronger. When it clicks EMP share price is many multiples higher. Its not rocket science.
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