many will take 40 as a nutter but thinking outloud and getting...

many will take 40 as a nutter but thinking outloud and getting feedback positive or negative is imo all worthwhile.

i posted the link :
http://www.marketwatch.com/story/australia-miners-tighten-belts-as-ore-prices-fall-2012-08-23?siteid=bigcharts&dist=bigcharts

if you are up to it then one must expect 'at this moment in time' ife will be very hardpushed to be economic. it needs funds after the mining boom peak. iron ore prices well out of sinc with budgets. mr wayne has walked. where is the confidence to take to the bank or shareholders ?

so where do we go ?

or before i go on ... did the fly on the wall over hear this ..

wayne speaking:
ian, this is not going to be economic today. in a few yrs maybe but not as we stand now.

ian :
deadly silence but he knew in his heart already.

..
so did wayne leave amicably to go somewhere else before the news comes to mkt ? is it really news because the link above settles for me once and for all that without the necessary funds ife will not go anywhere soon. if ife does get the whole thing up and running now then it will very likely be loss making for an uncertain time.

but alas, all is not lost.

ife is a future money maker. not now tho. mothball it.

talk to our friendly neighbours IVR. trf join up. trf throws it's ife stake into the pot and we get economies of scale with a silver etc mine and money in 'the future bank' with the iron ore.

commercial sense ?

let 40 know your thoughts on this one.

led by clues of ife price support and ive capping.

prob nothing in it at all and finchy and co are laughing all the way to the pub and back but something is up and 40's determined to try his luck at finding out what before mr mkt.

it would be excellent imo for the prices of all concerned.

ife shareholders get shares in the new venture, trf and ive share costs. everyone gets happy ?

stranger things have happened in the mkt place but at least we are not in a ponzi scheme and don't know it.

you sure 40 ? almost ted.

but i like it.

be good,

40