The management know very well the potential Riley operation, (and Livingstone?), IO revenue stream is a once and only safe chance over the next one to 2 years, (when the funds are now needed). Beyond that is questionable and uncertain. The current efforts of economic rebound in China and elsewhere are a good stimulus for a sustained IO profit margin. They have to act ...and fast!
An announcement of trucks rolling is required, and soon.
is it time to strike with iron ore, page-62
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