Just a refresher for the uninitiated.
WGO is targeting upto to approx 2 Bill tonnes 60+% Fe - (See ASX - WGO Investor Presentation 9th Aug 2011) ...
...now there are not many stocks on the ASX with a mcap as low as this targeting something of that size/grade... so the 1st confirmed drill hole of 60+% Fe will drive this steeply north.
Now they may or may not have that much Fe but if they have even a quarter that then they will draw the attention of the Chinese investors in the area.
Drilling was due to start in the 1st week of Nov 2011.
Can anyone find an ASX Fe stock with a M.cap as low as this with a DSO target as high as this Stock??? If so I 'd like to know about it.
All is IMHO, DYOR
targeting upto 2 bill t @ 60+% fe - africa
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