IO prices have fallen sharply just as shipments started -...

IO prices have fallen sharply just as shipments started - unfortunate but some mitigation in place. Shipping costs across the board are up and perhaps unexpected but again unfortunate. How prices will be in the coming Q is subject to change - hopefully with some stability and steady rises - but then conditions may get worse. Some other commodity prices are rising even as IO price fell. Not the best place to be in for an upcoming producer. Some drilling and good results in recent tenement acquisition should see a boost in company's fortunes with a flow on effect. How low sp will go in the interim is anyone's guess. Current levels may be a good entry point for some - is the project doomed - hard to know for sure - some appear to think so. Analysts are divided on IO prices - nothing new there.