Ann: Joint Venture discussions with Arrium for iron ore sale, page-28

Unfortunately, I don't think there is anything about this stock that is worth saying.

The iron ore price just keeps getting more and more depressing and I doubt the manganese is going to make up for the massive shortfall.

Poorly managed from the beginning - could have had multi-millions of profit banked if the mine had begun when it was meant to, when the iron price was double what it is now. Instead we have to make deals with other local companies, which I am about 98% sure will not go ahead now.

I mean, what price would Arrium want to pay for Ironclad ore now, when they won't be able to make any money from it.

The old adage is "if you haven't got anything nice to say, then don't say anything at all" and I think that is why it is so quiet on this forum.

Cheers!
Catweasle.