I know mike. I know. But we cant wait for ever. Iron ore price keeps busting new highs and shrees missing it. Its all nice on paper but completely useless if iron ore has its run and is just another commodity by the time they open the mine.
regarding catalysts. Could be a strong exploration update from any one of its gold sites. That would be one. And the other is news on the progress of the iron ore mine.
waiting and hoping is the worst use of cash. Jus sayen.
sometimes u need to take a punt and the company is worth the punt because i believe the projects are for real and integris.
but time is also a key factor
Ann: NBR Iron Project Update, page-651
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