Hiya Roscoe,
Interesting and useful comments.
Main query I have is regard to the idea that sp will not budge much when VMS are allowed to mine (after legal case I assume.) Don't know iron per se but I thought Shree Minerals (also in Tasmania)went from 10c to 18c after appeal came outs favourable. Also believe Shree have a smaller DSO footprint followed by a magnetite base which generally requires horrendous capex. I know I am biased towards VMS but why wouldn't you expect sp to go back to at least 31c (last cap raising) if they win the appeal?
Hiya Roscoe,Interesting and useful comments. Main query I have...
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