No i'm not down ramping, can you please outline where you think i have been? what have i said that's materially false?
I haven't been on for a while, just stunned with what some posters believe.. but hey i guess its what you want to hear..
"The price of iron ore almost halved from US$100 per tonne to US$55 per tonne for 62% grade ores and continues to fluctuate daily. These effects have also flowed through to prospective iron ore developers like Flinders Mines Limited. Capital markets are not prepared to support new iron ore developments in the current pricing environment, no matter the merits of the project"
That was your chairman's assessment for the annual report, he's merely stated a well known fact that the investment cycle is well and truly over for IO in this country at these prices..
No i'm not down ramping, can you please outline where you think...
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