IOH 0.00% 70.0¢ iron ore holdings limited

number crunching re: bungaroo, page-11

  1. tcf
    6,862 Posts.
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    How many other small players have $100million in the bank?

    Why would you want a small player with no funds holding up a development timeline?

    IOH needs to stay lean, develop quickly and cheaply wait for a very good takeover offer. Say $10 - 15 per share.
 
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