Thanks EyeOverIt!
These small iron ore plays (eg no current revenues/profits) are all speculative in nature! We all understand the risks and rewards with each.
I suppose the guys who want a guarantee should look at the big miners like RIO and BHP!
Anyhow, let's keep an eye on Iron Ore prices over coming months! Should be looking good for a sustained period of $130+ pricing!
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- merchant pig iron price is at $600 per tonne!!
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