IOH
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0.00% 70.0¢ iron ore holdings limited

IOH don't currently need any funds.From the 2009 annual report:...

  1. butchy
    1,934 Posts.
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    23/07/10
    11:07
    Post #: 6935246
    IOH don't currently need any funds.

    From the 2009 annual report: cash in the bank $14.5m, and IOH are chewing through $5.5m per annum.

    Considering that was from the 2009 annual report, IOH would probably be down to about $13m now, so they are good for another 2 years, roughly.

    Where do you think IOH will be in 2 years from now? Up to 600MT, 700MT?

    Butchy.
    IOH Price at posting: $1.30 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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