I think a company name change is in order, the long touted DFS is two years old, apparently irrelevant and redundant. Now a study on an iron ore play, magnetite at that. Its called an iron/vanadium project. Now, gentle reader, its beyond the realms of possibility that our Chinese mates will pay for the V. So lets get real and call it what it is - a magnetite play in a super heated iron ore market dependent a global super power that has so far put trade restrictions on barley, copper, coal, beef, not too keen on tourism.......... and openly threatening the great nation state of Australia. What could possibly go wrong? Just my opinion - I don't think there will be a strong enough vaccine for this one.
TMT Price at posting:
36.5¢ Sentiment: None Disclosure: Held
