A commerical deposit requires half decent management and strong commidity prices eh? Not sure which element is more important, maybe half wit management can still make money in the short term if their commodity's price is running?
Anyway, to say IFE had even half wits at the helm during the iron ore boom ($180/tonne), or that iron ore's likely to have a tilt at those boom prices again is a stretch.
Good post Siamese. I hold so it's saddening, but good post all the same. I know, the new guy is different, yada f yada.
Hanglong Metals? Fraud, Sundance, major shareholder IFE? Anyone concerned about the top end of the register and the legitimecy of take off agreements?
Good luck those b deep.
Not a down ramp, just had a few wines and venting 4 or more years of frustration. I'm holding, and hand on heart not adding, so assuring it's not a down ramp.
Margins will make or break this dog, and margins are more likley to fall than rise in my opinion. But no point in selling at 17c, better prices to be had on some progress ann. like the port bulk storage facility approval, but can we even hit 30c on that news? Tightly held...yada yada...i've held through the sharp rises...and subsequent falls!!
Fellow multi year holders know the frustration.
Arrrrggghhhhh!!!
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