2.5 bil res maybe 4.5 ,ok magnetite ,7kil from port the price is going up 20 to 50% and they say till end of the decade .Its not finding the stuff which is the problem its getting it into production and shipping it off .
find it.
getting drilling rigs.
getting assays from labs
getting it jorced.
getting it bfsed.
getting mill built.
getting the railway track built or getting it to port.
getting the mining and inviromental approvals.
keeping the aboridgines happy.
so on and so on
how long is all this going to take all ding is got to do is drill the thing out and he could sell it for twice what he paid whats it going to be worth with a 45%increase in iron orr price . Ding aint going anyware he here to stay just some thing to think about for all the nervous nelly,s untl tuesday.GO the cats
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