Watch out for this next high grade iron producer. SP: 4.5c and MC: 24m

Fe has acquired two iron projects,

1. Wiluna West JWD Deposit (51%) Resource: 10.7Mt @ 63.7% Fe using a 55% Fe cut off. They are expecting work permit from WA this march and planning to export 850k  (sep 2021) on phase1

2. Yarram Iron Ore Project (50%). Resource: Based on the 2014 drilling information, FEL has determined an exploration target of 4Mt to 6Mt with a grade range of 60% -62% Fe. They are planning to complete feasibility study by Sep 2021. Production within 3 months from commence work

They also have gold and LI projects from WA.