IOH iron ore holdings limited

wow - ago buying out frs, page-12

  1. 1,121 Posts.
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    Let's hope that IOH management are working on an infrastructure plan. I can only see the share price moving up if they solve this problem, or we have a takeover. I would prefer the takeover as this would hopefully put a management team in place that can move towards production.

    Haven't heard anything significant from management for a while. They are just treading water by pursuing minor upgrades in reserves and selling off a few unwanted orebodies. I hope something more significant is brewing under the surface otherwise this is not going to be a good investment (well, let's face it, at the current price it has not been a good investment!).
 
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