Hi Chelkn
Thanks for that great note; it is very informative.
I have been following the iron ore jrs for some time and have dabbled in AGO, BCI, IOH, FRS, and FMS.
AGO have done bloody well and DF should be congratualated (and is!) but MY and his team seem not to get the credit they deserve.
IOH has good iron grades in an accessible part of the world, but they have made no indication that they want to be a miner. In fact, word is they have their SE Pilbaara iron ore assets up for sale! If they could be mined, why wouldn't you mine them??
Infrastructure is the key and right now, only TWO iron ore juniors are mining and exporting from the Pilbara (AG) and BCI) and only ONE is using third party rail - BCI
Well done guys, can't wait for the cash flows to really start!!
FD
Hi ChelknThanks for that great note; it is very informative.I...
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25.0¢ |
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