BTV batavia mining limited
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a very long term project subject to competion

  1. moly
    7,295 Posts.
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    25/01/10
    11:10
    Post #: 6242991

    Yes BTV is looking at a very long Iron Ore Term Project and Iron ore is Subject to a great deal of Competion from Brazil, Africa and China itself, therefore the Directors here need to consider things very carefully and perhaps 'bite off' something that BTV could chew more easily.
    I'm led to understand that Iron Ore by the Time it's landed in China only brings approx. $10 per Ton profit and BTV are a very very long way from landing any Iron Ore anywhere.

    No responsibility taken for any losses in association with this posting.

    Good luck,

    moly
    BTV Price at posting: 17.0¢ Sentiment: LT Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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