IOH managing director Mr Alwyn Vorster said the tenement acquisition was part of IOH building its future business model, primarily in the Western Pilbara.
"building its FUTURE business model, PRIMARILY in the Western Pilbara".
Probably reading too much into it but it suggests that in AV's heart, IV is gone, Central Pilbara no more (for IOH).
Wait till Mr Manohar Ghorpade (Chief Geologist) gets his hands on that Mardie tenement!!!
Well done IOH team. Still 10 weeks of 2011 left.
IOH Price at posting:
$1.35 Sentiment: Buy Disclosure: Held
