a very informative and well written update from Mick McMullen .... I'm impressed.
Now, time will tell whther the market will put much value on the larger resource that is now the main focus of NVI.... I suspect only news about development funding and a timeline to first production will really move the SP north of say 50c, but I concede that reporting a sigificantly larger resource in the months a head should see a rise in the SP, but maybe only moderate ....why would a larger resource see the SP rocket past $1.00 say, when we consider Fe price cycles into say 2014/15, and world production levels and Fe ore stock waiting to come onto the market as other projects reach mine development ... anyone care to explain or share thoughts ?
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a very informative and well written update from Mick McMullen...
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