Here is my two bob's worth about WDR.1- No current agreement...

Here is my two bob's worth about WDR.

1- No current agreement with the local aboriginals.
2- No granted mining lease.
3- Not close to coast as the current plan appears to be a 160km transport corridor to a poorly developed port (Bing Bong) with no current agreement with the port owners. And by the way the transport route passes through a newly gazetted National Park.
4- Large resources of low grade material which may be amenable to beneficiation however no metallurgical process has been announced.
5- High grade iron ore extends to 125m below surface but is probably uneconomic to mine at that depth.

If WDR management can mine and ship the DSO material at a reasonable cost then the share price should rise appreciably. However there are many hurdles to jump before this can happen.