Their massive haematite is high grade, the mining costs for their Fe will be very low in comparison to other Fe types. Very similar operation to their neighbours MMX who just got a 3 billion dollar partner in Mitsubishi to fund a railway. At $78 raw a tonne, GWR's 20 billion dollar operation will see a railway. The costs of the railway will be distributed to the many other resource companies in the Mid-West. MMX's railway may be an option for GWR's benefit. IMO your concerns are only a natural assumption of someone not fully understanding the size of GWR's project. There's no reason why GWR will not find a partner to fund the infrastructure set up. MMX have a 380mt high grade Fe op and got a $3bill partner. GWR have a 250mt high grade Fe op... For an investor the time to get in is now, while you have a chance to get in at the grass roots
GWR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
