Subject from FMG threads. Check it out along with preso from...

Subject from FMG threads. Check it out along with preso from this week.

Interesting note from this weeks fmg preso that they are still saying Nyidinghu production will double from 2011 to 2012, but obviously no mention of iv.

Also worth noting nothing mentioned re Ankatell. Media speculation re ago and fmg getting together (or fmg take over ago) - would present an interesting senario for ioh.

Europe issues, China slow down and general market fear and uncertainty will put many deals on hold so not much more to do other than to wait.

The good news for ioh is they have $$ in the bank and could just sit back and cherry-pick any opportunities which come their way, if that is their intention. It would be nice to know their main priorities re cash at this time.

Good luck to all holders. Difficult times ahead.

Cheers,
Mac


Please dyor.