BBB and others,
make no mistake, IFE needs all the OP money they can get and then some. I wouldn't be holding my breathe on debt finance at all. We may even see a cap raising shortly after the op to cover any short fall.
If you hold Option and are an investor in Ironclad, it is in your interest to convert them, IF your in for a quick buck then do what you wish.
I'm and investor and I will be converting mine for the company to produce and export Iron Ore in 2012.
All my opinion, just wait and see how this playes out.
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