re: Ann: New High Grade Mineralisation Identi...
Explorer-1, you may be right. I am not expert on these matters, but I am convinced we will see some action on IOH in the coming 12-24 months.
What I don't understand is why the majors have been waiting so long to make a move (unless Kerry Stokes has privately told the others that IOH is not on the market).
Should Hanlong succeed it taking over SDL, then I imagine it may provide a catalyst for further consolidation in the iron ore mining sector, and IOH would be a hot target.
IOH Price at posting:
$1.16 Sentiment: LT Buy Disclosure: Held