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Seals, hi.As always I do not agree with your assessment the...

  1. 819 Posts.
    Seals, hi.
    As always I do not agree with your assessment the revaluation of Mehdiabad happened before Jordinson came on board. That is utter nonsense. The metal is still there (apart from some Iranian pilfering/ high grading, which we should claim a share of the profits for). It has not gone anywhere. The politics in Iran have moved forward a little more towards the end of regime demise (hard currency reserves are running down and the Israel/USA provocation level has nowhere to go except up to sustain the regime in power), and if anything the mine is worth more now. Marwarid do want Mehdiabad because they are not called Marwarid MINING for nothing. Mehdiabad is the jewel in the crown, despite Jordinson's best efforts to spin it otherwise. Just my view.
 
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