I've read a couple of predictions lately of iron ore price falls, and no doubt that scenario has scared investors away from stocks like TRF and IFE. I'd say it's only the prospect of outstanding tin assay results at Zealous that has kept a 10c floor under the SP this week. Otherwise I think we'd have been staring at more like 8c. Whether that situation can hold for the time it takes to get the next set of results I don't know, but should the IO price slip badly in the meantime I doubt it.
We should hear something soon about placement of the shortfall from the most recent capital raising, shouldn't we?
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