hey hey hey... welcome back white pointer... did ya churn...

hey hey hey... welcome back white pointer...
did ya churn through any fish in the deep blue see? hehe

good news there... because they are going to sell IO as DSO,
does that mean its automatically 63% fe grade ?

I had the thought that DSO doesnt require any processes to purify the ORE for selling but its high natural grade is ready straight from the ground? is that right.?

well that article you posted goes well with mine, analysts are predicting a bright future for IO, and what a time to start selling it from next door!.
cant wait for the first shipment announcemement..
if nsl can sell 450T io this yr that would be fantastic.
with such surge in IO prices they could be selling and gaining a profit of $70 per tonne AUD

450T x 70 = 30 million profit by end of 2010.
they did say 450T to export in first yr..
then 900T in 2011...

30M income by end of 2010, and 60M income by end of 2011

it doenst get much better than that.. even by end of first yr when you deduct paymewnt to directors, even if they are left with 20M by end of yr.. imagine the mines and oppertunities they can chase then... a company going forward with cash backing to make a real impact ..