The cynic in me reckons a ruse is at play here. Although not a producer (big difference I know) much of the iron ore market has come back 20 to 25pct from recent lows while IOH has strong selling into any rise in sp.
A media release to tempt people into thinking one thing while another is actually taking place....time will tell.
ouch - fin rev – unlikely fmg will exercise iv, page-4
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