I just read the west Australian and thought there might be a chance we are bidding on a company called Rico resources with a market cap of 60mil and is one of the last remaining iron ore developers in the pilbara region with around 80mt and could be ready to ship as early as the first quarter of next year apparently.
Also on the hotcopper thread rri there is a good read about them
http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1647051&msgno=7636322#7636322
And the west australian
http://au.news.yahoo.com/thewest/business/a/-/business/12630771/rico-considers-offers-for-wonmunna/
Any thoughts
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