well buy a 1 million and get 7m free sounds like a good deal..
seriously do any of you consider the actual macro story is what is holding back the share price.
Iron ore projects are on the nose good bad and ugly ones,once you get past those odds then you have all the other issues that come with development phase and thats high capex.
if you look at most iron ore stocks all have been weak post the china compensation to iron ore miners and so has the spot price which ultimatley decides the direction