The iron ore train is once again leaving the station following this morning's announcement of a Memorandum of Understanding with Linzhou Iron and Steel Co. Ltd of China for the sale of at least 50% a year of Direct Shipping Ore from IFE's Wilcherry Hill Iron Ore Project in South Australia.
With only 44 million shares on issue, half of these held by TRF, IFE is massive value compared to its ASX peers.
iron ore train leaving the station
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