re: Ann: Positive Concept Study for Bungaroo ...
Yep it looks like everyone who said IOH don't aim to produce was incorrect.
IMHO this company will be set for production, financed by debt, and once significant profits are being generated it will become a massive dividend vehicle possibly looking at anything from $1-$20 per share (as a divvy) depending on many variables.
Stokes will likely become the Bill Gates of iron ore if this comes to fruition and IMHO it would take a mighty T/O offer to derail this outcome.
Looks like we will be waiting 3-4 years to cash in, just a question of who is willing to wait.
IOH Price at posting:
$1.48 Sentiment: Hold Disclosure: Held