Share price likely to vault higher for a number of reasons!
Midwest iron ore target, 40% interest free carried, ready to drill February and blessed with in place infrastructure from its near neighbors GBG & MGX. Geraldton port relatively close.
Grades at around 60% hermatite have been sampled I believe.
More generally to stoke interest in the IO sector is BHP's core focus on RIO's IO & the ongoing Io price negotiations that a (Macquarie?) analyst predicted could see a +70% increase up from the recent +50%.
Then theres the super high grade Congo Copper results (up to 6.6%) ; its JV with Anvil Mining a proven performer in this world renown copper belt that extends into Zambi; and JORC results very soon (early Feb) from Tiger Resources from that same area which will likely have a positive impct on MWE's sp, imo.
Lots of positive news near term,,, its a buy.
MWE
mawson west ltd
