IMO the proximity of winmars ore body to the national park has no direct correlation to sp or will it in any aspect of the development. Winmar is still in the process of proving up the jorc and are well on their way in doing so, also once they earn the 51% stake (funds are already available) this stock will run hard, no rush.
Read through the minelife recommendation on my last post and you will see on the map titled (hamersley iron proximity to peers) there is a fully functional mine called Marandoo, it directly borders the national park. If you do more research on mining and national parks, you will find a wealth of knowledge on existing mines that coexist with parks in WA and Australia infact.
If you weren't aware a lot of sp on the asx are lagging ATM. Winmars peer comparison are just at a more mature stage as stated numerous times on announcments.
1: location 2: mid to high FE % with possible DSO 3: Funding and cornerstone investor 4: small market cap 5: substantial tonnage
I'm happy to hold long term with this.
WFE Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
