u all know noting abt this stock, neither abt the industry.
The iron price is predicted to rise by 20% making the already positive project look very favourably.
The problem with the price slummet was that the chinese shortened iron on the stock exchanges and have been dumping a fair bit just to minimise the losses, they have put quotas in place as well - that's why the price have dropped and our shares with it.
However this process had to eventually stop as the asian demand is huge and growing.
I predict that depending on the size of placements etc we shall see a nice rise in price.
AZR
aztec resources limited
