atlas eyes $60m as spot iron ore price soars , page-4

Yes but spot prices can drop pretty quickly. Despite global recovery from GFC we are still not out of the danger zone.

If DFs interpretation of fast track is 12 months it's a pretty big call to say spot prices are going to be at the same levels they are at today in 12 months time.

And they should have attempted a Ridley sale before a cap raising. A much better outcome for existing shareholders.

DF is becoming less than impressive.

I suppose us ordinary folk will get the usual 15K scaled down to didley squat offer.