Hey Redrockgeo
Good point about costings etc. Let's not forget that Noble had lent the company money, based on iron ore deliveries in advance last year, this is where their money is going.
There is still work to be done, but there is nothing like the kaching sound of cash registers that Territory is now enjoying! And will continue to enjoy for the next 3-4 years because of the increased Chinese demand, Indian hoarding of iron ore through increased export tax and a slow but sustained EU and US growth in manufacturing.
"World wide synchronised growth" will be the new catch cry! By the end of 2011, we will start to see some serious prices for all commodities, there aint enough to go around fellas!
Enjoy the ride! Buy these small producers and hold! When they reach your goal prices, then sell!
Hey RedrockgeoGood point about costings etc. Let's not forget...
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