Guys theres been heaps of negative comments to date on IFE,mainly on the lack of imformation and missed time lines-i agree with most of these. I feel the positive/basics are there and these have mostly been ignored by the market in general.Have a listern to the latest Carpenteria presentation on BRR.They intend mining Magnetite,and are very positive about the higher grade magnetite(like IFE) and the higher selling price going forward .And guess what,they intend to barge out the ore from port piri to waiting capesize ships.Looks like we are up there in this type shipping/planning and wont be the only ones doing it.Anyway have a listern,its all spelt out in detail,something our IFE directors fail to do. This is good to hear and just maybe confirms IFE,s planning is on track and do-able,only wish they would also spell it out to us shareholders......cheers
TYX Price at posting:
66.5¢ Sentiment: Buy Disclosure: Held
