Ann: Direct Shipping Magnetite Resource , page-23

Litch,

In your previous post "we could see $2 in a few days (when BFS is released)".

The reason I wanted to clarify Ian Finch's latest statement that BFS is due around mid/late October is....

Unfortunately, some IFE doubters love to sieze on any negatives such as delays, which imo, have been beyond managements control anyway, the MRRT was a huge step backwards for them and the reason for most, if not all, these delays, in the first place.

I agree with mkabk's statement in his/her post "the MRRT was a blessing in disguise as it scared away the Chinese MOU and giving away half of the first stage project".

For the above reasons, imo, the delays have been a small price to pay for the anticipated outcome.

All of that is behind us now, and as the saying goes ...... WE ARE SITTING ON A GOLD MINE!!! or should I say "iron ore/gold mine".

Cheers