MFE magnetite mines limited

royals approx 30mm market cap

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    looking at the assets below and considering Royals approx $30mm market cap. one might say potentialy has plenty of upside if exploration hits the target.

    especially given the map provided yesterday of Railway Project (Iron Ore) Pilbra, nice having neighours such as Rio Tinto, FMG & Hancock Prospecting. i wonder if Railway comes up trumps whether one of the previous companys would consider a Joint Venture..


    IRON ORE

    Pilbara Iron Ore Projects
    [Pilbara, Western Australia]

    Warriedar Joint Venture Project
    [Midwest, Western Australia]

    Plateau Ironstone Project
    [Midwest, Western Australia]

    Tallering Project
    [Midwest, Western Australia]

    URANIUM

    Egnar Uranium Project
    [Colorado, USA]

    Wray Mesa Uranium Project
    [Colorado, Utah, USA]

    La Sal Project
    [Colorado & Utah, USA]

    Thirtynine Mile Volcanic Field
    [Colorado, USA]

    RAILWAY PROJECT COULD BE COMPANY MAKER

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