Ann: Wilcherry Hill Iron Ore Project Update , page-7

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  1. 2,122 Posts.
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    Yes it is a bit strange on the containers. Before they cut of communications and fired the IR guy, he told me they were looking a leasing. I wonder if they were planning to lease the containers, in which case it could have been part of the operating cost estimates. Perhaps meaning new op costs much lower? I would have thought they would have said if that was the case but you never know. I see what your saying on the grant. Maybe approvals not that bigger issue. Could easy see delays though. Who knows on financing. I suppose a lot of equity and some hard assets in there already. Perhaps they can do it now they have a new plan. Don't know. I wouldn't lend IF money on his plans myself. I think they probably need to start communicating with investors, explaining a few things before the stock really moves.
 
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