Let's hope that IOH management are working on an infrastructure plan. I can only see the share price moving up if they solve this problem, or we have a takeover. I would prefer the takeover as this would hopefully put a management team in place that can move towards production.
Haven't heard anything significant from management for a while. They are just treading water by pursuing minor upgrades in reserves and selling off a few unwanted orebodies. I hope something more significant is brewing under the surface otherwise this is not going to be a good investment (well, let's face it, at the current price it has not been a good investment!).
IOH Price at posting:
$1.29 Sentiment: Hold Disclosure: Held