Hi badinvest.
Please have some respect for a Director who will give his time to explain things to shareholders and prospective shareholders over HotCopper instead of only giving out news in ASX announcements.
There are I believe many Directors who read HotCopper post's.
I know of two companies who I have shares in who read post's on HotCopper.They do not respond to these post's that I know of.
Tony responds to questions as much as he can I believe.
He does not have to.
I have seen Tony respond to post's into the early hours of the morning at times,because posters keep putting more questions to him.
Tony is very informative in his answers to technical queries,even about other companies projects.
Tony had very good people as teachers and co-workers.
George Jones and Geoff Wedlock.
As far as the price being kept down,this happens to projects that have a lot of potential.
Some brokers will buy shares for themselves as well as customers.Brokers will sell out of one account and into another.This can then mean they do not have a substantial holding anymore,so looks as if they are selling out.
Do some research on BRM with a bit of DSO,but around 1.6 billion tonnes of low grade Detrital iron ore around 42%Fe that is easily benificiated that gives them around 1 billion tonnes of 60%Fe to 62%Fe so far with more areas to drill.
Most people were saying the iron ore was rubbish and would never be any good for export.
Sino just agreed to take 10ml tonnes per year over five years,valued at over $6 billion.
BRM may need to build a rail line to FMG rail system at Cloud Break at a high cost and help fund the NWIOA Port system.
SDL with Itabirite,average 39%Fe easily benificiated to between 65 and 68%Fe.Around 2 billion tonnes so far mainly from one pit.Different formation structure to the Pilbara as it goes down to over 600mts and still open at depth.
SDL have to build mine infrastructure,a 490kl rail line and build their own Port.
PLV have low grade so called rubbish close to surface that will upgrade easily/cheaply to around 68%Fe.
The low grade could be the company maker for PLV and the high grade the cream on the top.
PLV are at the waters edge.
No rail,just mine infrastructure and loading facilities.
Regards
Westcott.
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