I would like to know what Josh knows....And as for re-rating it...

I would like to know what Josh knows....

And as for re-rating it might not be a single trigger Joe, but look at the signals and expected pipeline

1. Directors have been buying on market even when their options have been expiring this month
2. Next door ICX will announce maiden JORC resource for thermal coal, expecting 500+ mt, before end of year
3. Iron ore plant erection and commissioning news leading to first production from India in 2012
4. Maiden JORC resource for NSL Coal first half 2012???
5. Maiden JORC resource for NSL iron ore on new magnetite deposit first half 2012??

Still a medium term play, but I don't expect it to languish around the 6-7 cent mark any more!