'Also in mining, Andrew Forrest has reportedly been thwarted in efforts to do a deal with the surrounding tenements of Fortescue Metals Group’s Nyidinghu site by a fellow famous billionaire. The Australian Financial Review reports that Fortescue, along with neighbour Brockman Resources, has tried to do a deal with Iron Ore Holdings over its nearby tenements, but IOH’s major shareholder, Kerry Stokes, has proved to be a stumbling block.'
Maybe Iron Valley is finally in play!
Gary
IOH Price at posting:
$1.24 Sentiment: Hold Disclosure: Held