You just hit the nail on the head "the problem was to find a buyer."
I'm starting to see a problem with IOH. When they had 300Mts, or 400Mts, now 500Mts, what's the difference if they don't secure a deal with RIO, BHP, FMG, China, etc..
IOH Management need to do more than just continue to beef up Mts. Shareholders need to see more action than just drilling results.
What's the direction now? A new deal with RIO? Will they go it alone and start mining?
The share price has dropped around $1 in about the last 6 months, yet the Mts keep going up.....
Butchy.
IOH Price at posting:
$1.54 Sentiment: Buy Disclosure: Held