What the Braemar project from Nsw to the S Aust port with a slurry pipe yes and magnetite.
Another junior plans to build a rail and port halfway between pt hedland and cape lambert going to raise 3.3 billion.
There is a demand for magnetite and will only get bigger.
Pdy has a exploration target of 3.5 bill to 5 bill tons gee thats nothing.
A company with no growth does not just go to critical mass overnight. Multiple-billions do not get invested into a speccy just like that. Well we will know tomorrow wether they have or not.
It could go either way but until then lets dont let ourselves predict the outcome because no one on this thread is qualified to do that.
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