This weekends papers and media reports were very doom and gloom again .
Mr Montgomery on Inside Business said he thought iron ore prices might get down to $50 .That is after he said it was impossible to model the price of IO .
The one interesting thing he mentioned was the time it was now taking for the mills to get their money .
Another report was saying the mills are now using more low grade iron ore as it kept the furnace's fall and saved money .If the they stop or go cold it costs a lot to start them up again .
The infrastructure EIO has in place is now more important than ever.
SDL is going through hell to sell its mine.One reason I would suggest is its very large infrastructure costs.
We have a very competent board which has I imagine gone through the ups and downs of the market before given their age .
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