Excellent point, Miningnut, they have other options im thinking,...

Excellent point, Miningnut, they have other options im thinking, ie pay a reasonable div, say at least 5 c a share, and make a commitment to continue doing that ( on the proviso they are making profit ) that would make a huge difference to the s/p, then down the track do a cap raise of several hundred million $ or more, entitle all holders participation. Also commit after the cap raise to annually buy back 5% of the shareholding, until they get back to the number of shares on issue, prior to the cap raise. all under the proviso Iron ore remains profitable.