Remember this announcement. http://www.asx.com.au/asxpdf/20100106/pdf/31n1z3dggybrjq.pdf Is the Marketing Manager still retained by Ironclad?
This from the AFR back in January 2010
IronClad acts to speed up Wilcherry PUBLISHED: 06 Jan 2010 14:32:52 | UPDATED: 07 Jan 2010 10:33:09
IronClad Mining has appointed a marketing manager and a consultancy group to speed up approvals for its planned first iron ore mine, Wilcherry Hills, in South Australia.
The junior explorer has enlisted Ken Houghton, formerly a general manager of marketing for iron ore producer Portman Mining, as its marketing manager, it said in a statement on Wednesday.
“He will be responsible for marketing high quality direct shipping ore (DSO) into the current very strong spot market for iron ore and to steel mills seeking long-term contracts, especially into China,” the statement said.
The company said it also appointed consultancy Coffey Natural Systems to secure government approvals “in the minimum possible time”.
The appointments support its move to fast-track iron ore production at the Wilcherry project to take advantage of strong global markets for the bulk commodity.
First production is targeted for the third quarter of this year at a rate of two million tonnes a year.
IronClad’s share price surged 45.9 per cent on Monday to $1.16, compared to 79.5¢ on December 31.
On Wednesday afternoon, its shares had inched 1¢ higher to $1.09.
The share price of the miner’s parent entity, Trafford Resources, has also lifted since last week.
Shares in Trafford closed at $1.06 on Tuesday, compared to 76¢ last Thursday.
Trafford shares were down 9¢ at 97¢ on Wednesday.
TYX Price at posting:
41.0¢ Sentiment: None Disclosure: Not Held
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