I'm not sure of the significance of Corrigin's rainfall figures, however, annual rainfall of 340mm is actually about ideal for a wheatblet town. They grow pretty good crops in that region. It is a long way from the Dundas Shire but are you saying that road would be used as part of a haulage route? Forgive my ignorance; how exactly does this link in with KDR?
I like the shares as a good speculative buy, especially as it is adjacent Poseidon's potential processing facilities (I do have a small parcel of POS shares). It seems therefore, most likely to be well placed to benefit as an early producer, especially as good results continue to be released.
Cheers
U
KDR Price at posting:
44.5¢ Sentiment: Buy Disclosure: Not Held