Having read the report does it not say we will have a iron ore mine into production within 18mths with little share dilution to get this pumping.
Is this not a company trading in Africa and not subject to Labours Tax grab.
I struggle a bit with this company,as to me this is a very very positive announcement and yet we have had a very dismal share performance in recent months.
I would expect to see, following this developement, a strong turn north in the comming months.
I say months as this is not a D/T stock but more instituional and I don,t see them dumping on news like this.
What I do see is a future iron ore producer
A very very very attractive target for the Chinese.
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