quick tty evaluation, page-22

"Whilst MK is out of favour at present, he told me that there is ********* and it's a lot more iron ore out there than you realise. They just have to prove it up." Wonder if that is what he was saying to MON share holders regarding 500k ounce/pa, "I just have to prove it".

In all seriousness I dont doubt that there is lots of FE there, and yes all they have to do is prove it, but that is the same for every mining company out there.

I am not worried about the wet plant decision, as I am sure that the company did some research prior to making the decision. At least I am hoping they did.....

With a market cap at the moment of $110 million, these are good times to be stocking up in my opinion.