I am a relatively new holder (bought in July 2020) and this was...

I am a relatively new holder (bought in July 2020) and this was the first thing I asked myself back then. On my research i found the company has been stagnant for many years for alot of reasons. The main being lower IO prices combined with high capex and production costs based on the previous PFS and different management, wasn’t feasible to move to production. BUT management has been kicking goals this past year. Our selective mining deal with nextore will help us produce cost effective ‘green’ ore, combined with high iron ore proces and a great management team. Let’s not forget the cancellation of BMD farm in offer, a successful cap raise, great relations with SA Government who are investing billions in the industry over the next 10years. It’s a no brainer LT hold IMO.