Absa: The facts are we are not producing I.O.....So, for us the I.O price is irrelevant......Also, recent flooding in China has wiped out over 22 Klms of farm land, 22 bridges and collapsing 2 dams.....So, far costing over $20 billion in Damages, this appears to be worsening....... How happy we should be that their damage, is our karma......The same karma, I wish for people from other stocks down ramping on our stock, "when I wished that I.O drops to $50 dollars" (especially, for stocks that are a one trick pony) .....The bigger the collapse now in I.O will only cause it to jump harder....I.O from Brazil won’t be impacting the market for at least 2 years.....Shipping costs from Brazil to China are 25% greater......At prices below $100, I doubt Brazil will be in any hurry to supply Communist China, particularly now that America will be better suited to Brazil supply Chain......As for all you others quoting capex to develop Mt.Lindsey, we are not buying a mine we are developing one so we will not need anywhere near $50ml more likely about $12 to $15 million......Also, not forgetting the Government grants that will assist us.....This will be my last post for a while...Over and out. GLTAH
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