Does anyone have info on how the capital raise money is going to be spent? R they going elephant hunting for iron ore, lithium, gold, copper or pge???? R they adding staff or preserving capital? If iron ore is the new candy how many million pesos will it take to even know the grades? FMG is already starting to suffer with lowering of grades so will we have the iron ore grades to be the next BHP. How long will this cash take to burn? It's an iron ore stock right??
Nearly new iron ore discovery, page-111
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