shipping index soars, boosting iron-ore hopes, page-4

yep .. this is the largest body of iron ore that not owned by one of the big boys.

The hard part about doing bussiness in this area is if the goverment gets removed ... what happens with the old contracts.

Also if the goverment does not renew the permits and gives it to someone else ?

That why the price of this share is sitting so low... The risk factor is high when you can invest in other mining companies in australia that dont have this type of risk.

If this was in australia, it would be past this stage and in the development stages

DYOR.