reason for trading halt , page-5

u all know noting abt this stock, neither abt the industry.

The iron price is predicted to rise by 20% making the already positive project look very favourably.

The problem with the price slummet was that the chinese shortened iron on the stock exchanges and have been dumping a fair bit just to minimise the losses, they have put quotas in place as well - that's why the price have dropped and our shares with it.

However this process had to eventually stop as the asian demand is huge and growing.

I predict that depending on the size of placements etc we shall see a nice rise in price.