some tantalising valuations, page-14

Actually ITA(in the alice) its up 34.67% since 75 cents as that is my price as well.yes :):):)- nice little earner BUT that is only the start.

in the near future i will be looking to secure a large holding as i have the confidence that WPG will deliver the goods.

the way the company has transformed to iron ore is similiar to FMG...?

purchased projects,discovered deposits,raised money,solved the railway & port dilemma.

the biggest thing in WPG'S/BoB duffin's favour is the transport infrastrucure is right on their doorstep of the mine which the cost is invaluable to WPG.

the access to the rail & the purchase of the port infrastructure has been a masterstroke by Bob duffin.
inparticular buying the old shell depot from the government was a very astute investment,clever imo. also the employing of dennis mutton must also be seen as a masterstroke see his creds...
(Dennis Mutton is a management consultant specialising in natural resource management, primary industries and resources, regional growth initiatives and business-government relations. From 1997 to 2002 he was Chief Executive of the South Australian Department of Primary Industries and Resources. He has a portfolio of directorships including Bio Innovation SA, and is Chair of the Council of Rural Research and Development Corporations. He is a former member of the Senior Management Council of the South Australian Government, a former Director of Mines, and a former Director of the Australian Rural Leadership Foundation.)

FMG had to raise alot of money to build their railway (it cost over $750m)...

WPG is in the box seat & its like FMG all over again re: build mine,dig it up,get it on a train,to port to ship.
no reason why shareprice wont increase in value plus a premium.

all the best holders...ILG