Check out money miners' end of year expert survey...quite a few tipped iron ore as the most likely decliner in the commodity arena. Don't ask me, but selling a top is a great trick. They still have other io properties obviously. Having 60% more cash/equities than your market cap = some sort of bargain I would've thought.
Ann: Sale of Wiluna West Iron Ore Project, page-13
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Mkt cap ! $24.73M | |||
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