IOH
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0.00% 70.0¢ iron ore holdings limited

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  1. Welkin31
    7,504 Posts.
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    25/09/12
    06:50
    Post #: 10765185
    The Meijin takeover of WDR is interesting - presumably for their Roper Bar Iron Ore Project in the NT. WDR has 32 mill t @ 56.8% DSO grade - within a 402 mill t resource at 40%.
    After all the news re China slowdown and associated Fe ore slowdown - Meijin are in for paying $435mn to get WDR.
    Anyway - back to work.
    IOH Price at posting: 90.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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