Will be interesting to see whether the market sees the value...

Will be interesting to see whether the market sees the value here. The increase is well above any of the analyst valuations.. if you look at the Patersons valuation charts and sensitivity to Fe price it looks very good. A 10% increase in Fe price and a 10% fall in exchange rate has a massive multiplier effect on the valuation. For example for the Detrital project a 10% increae in Fe and 10% reduction in exchange rate equates to a vluation of $23 :)