I agree MrQ. and of course for the moment the whole metric has changed on the project(s). At current prices are any of them viable? I think anyone providing funding will want to conservatively forecast where the relavent commodity prices will be over the next few years.
Puts us behind the 8 ball for now. I think things will change very rapidly with a favourable appeal and say+ 15% on iron ore price and -5% on $AUD/$US
VMS Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
