interesting buyer, page-12

Agree Dave
This is also interesting down the bottom of that article they have 650 sq km of tenament they own 100% of in Palara.
When you read the power of rio and bhp controlling the access however that makes their african holdings perfect as the rail network runs right through the middle to the main port in Cameroon, I know they have to make the discovery first but it bodes well.

I pick they will be close to 4c soon. When does a share on asx change to half cent vs .001c ?

DYOR


E.L.&C. Baillieu analyst Adrian Prendergast said the move by Wah Nam was at an ''attractive price'' and could spark more mergers and acquisitions in the Pilbara. ''There is a lot of capacity in the Australian iron ore market for further tie-ups,'' he said.

''There are still a lot of stranded resources in the Pilbara. On their own, a lot of these projects can't get there, but grouping them together is the inevitable outcome.''