The two announcements today relating to the use of the Bing Bong...

The two announcements today relating to the use of the Bing Bong port facility and the signing of a native title agreement with the NLC are important milestones in the development of the proposed iron ore mine. Hopefully this will lead to a rerating of the stock and a price advance. The next step in the process will be the grant of the mining lease and then a capital raising or sale of a part of the project to raise funds for the development of the mine and facilities. It all appears to be coming together - well done WDR management!