Im not sure about Liberia, but there are a few billion tonne+...

Im not sure about Liberia, but there are a few billion tonne+ magnetite resources in WA with a market cap around $20-$30 million. A lot will depends on how much DSO they can uncover. Liberia doesnt seem to have the infrastructure issues that start up miners here have. With the current estimate, the market cap could easily be at least double the current figure, with further results from the rest of their prospects expected in a few weeks. Am surprised we have opened down instead of up, i grabbed a few more at 28c but was expecting to be able to sell for 40c+.