location, location, location, page-5

I would think that having a range of serious options would be the catalyst not the ore itself. Its proximity and the potential it offers to IOH will be the sp mover - customer agreements etc will be the next sp mover.
Anyway a nice increase in sp but on small volume - we really need news to move up in bulk, as it will draw in the institutional investors.
As a thought exercise I wonder if the sp would rocket if KS reduced his holdings to under 50pct....at this price no way but perhaps a 26pct stake to someone else in the future may be the deal he needs to make to secure it to mid-cap iron ore producer?