More than likely . A lot will depend on the IO price . And they...

More than likely . A lot will depend on the IO price . And they have said that they will
start producing on a small scale to start with . FEX and GWR are 2 new producers who are now producing
and will be loading their first ships this month .
One has a market cap of arround just over a 100 mill the other just bellow it . GRR pays a fully franked
dividend of near 10% , not sure if this is still the case as their share price has risen a lot recently, but has
a market cap of around 400 mill . So a market cap of over 300 mill pre production seems like a bit of a dream . But hey , we are all dreamers , thats why play ASX !