GWR cannot take advantage of any price/demand increase in iron ore until they can efficiently transport it. The only value in doubling the iron ore resource is in the second half life of the mine. Having made the transition from Gold miner to iron ore minet when iron became fashionable one would imagine the chameleon could also prove up its gold and uranium reserves which can be taken to market in their pockets. (With a little slippage one would imagine!)
FAS Price at posting:
6.2¢ Sentiment: Hold Disclosure: Not Held
