Fe Limited's (ASX:FEL) (FRA:B4T) Mark Hancock speaks to Proactive's Andrew Scott soon after raising $5.5 million in well supported placement to sophisticated and professional investors. He says the funds will be directed towards the development of the Wiluna West JWD Iron Ore project and evaluation works, including further resource drill out and project approvals at the Yarram Iron Ore project.
Fe Limited well funded ahead of near term production and shipments from Wiluna West iron ore project