Just had the following link emailed through to those on IronClad email list:
http://www.ironcladmining.com/images/stories/Financial_Reports/FR2011/IFE_3Q11.pdf
Investment Comment: Our valuation for Wilcherry Hill 1-2mtpa operation for ~3 years is A$1.06/share
(average iron ore fines price of US$140/t FOB at 62% Fe, 0.95 AUD/USD, 10% discount rate). IFE should
move toward our valuation price once mining approvals are granted and financing is secured anticipated in
4Q11. Potentially significant upside from extending the life of the 1-2mtpa DSO operation with remaining
+45% Fe resource
Just had the following link emailed through to those on IronClad...
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $10.02M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $154 | 51.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 26339568 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 24696197 | 10 |
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