Agreed. All the good news has effectively been killed by the collapse in iron ore prices.
Still the Timis transaction when repaid should give an added boost. Provided that the repayment is in US dollars, the loan amount being repaid effectively will add 10% profit just on the fall of the aussie.
Likewise, the monthly royalties, provided that they are paid in US dollars will also become more valuable, provided that they are paid.
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