Who sells Ironclad for $1.43. Seriously. IMO this displays a fundamental misunderstanding of the prospectivity of the Company - especially when it seems very possible that they will have a JORC compliant resource of 100 million tonnes of ore before the end of the year. And then there is the possibilty of DS hematite ore. And then there is the offtake agreement which will probably be signed sometime in the very near future. And then there is the fact that the contract price of iron ore is set to surge in pending talks between the majors and Chinese steel mills. It's like that idiot that sold them for less than $1 during the CDO-inspired havoc of July/August. Unbelievable.
what a joke.
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