Welcome to the world of Mining..
The Mining community ( operators & investors) are great optimists..Not unlike Horse Trainers & Owners.
With the course of time one learns that there are no end of ways /reasons that a mine does not get up & running at all.Let alone on time & budget.
Check the story of SDL as a perfect example.
However IFE seems poised & could go either way.
Luckily the iron ore price has spiked from its lows last year when things for any prospective Fe producer were looking grimmer than grim,
Financing is the major hurdle here...not to mention the Milions$ that have been wasted on folly( tug boats etc).
Good luck to all holders.
i must be insane, desperate or both!, page-3
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