News: TI1 Australia's Tombador Iron halts Brazil mine production after unrest, page-15

If the government is getting royalties then they should be chipping in for most of it. Tomby could throw in $1-2m just to get things moving and show commitment to the area, reading the articles I'm not surprised the locals are annoyed.

This is the first time I've invested in a company where this has happened, makes me look back and think "ah right" to the other companies I've invested in where they claim great engagement with the locals.

You'd think this is only a short term blocker but the board and management do need to put out some communications and outline their plan to addressing the issue and restarting production.

I was thinking that in the interim they really do need to be pushing hard on the sales front, but realistically if you can't guarantee supply it's going to be tough locking in long term contracts....

Really does seem like a major blunder on the part of management here.