One of my main fears, of late, of investing in ife, is that we were told by one IF that we would have been shipping ore at least 6 months ago and would all be in the money by now and capitalising on a strong iron ore price. I thought we'd missed the boat, (excuse the pun). I will accept that i was sucked in by the spin from our fearless leader and that posters like BBB must be laughing their heads off now. But we may still come out smelling like roses. It appears that the chinese will still require lots of iron ore and we may still be in a strong position to capitalise on it, according to that article.
I reckon that WR will have some welcome news in due course.
And finally, i have fowarded that email to J Gillard. Maybe she could do something rather than hand out free money willy nilly. Infrastructure, now theres a thought. Ahhh what would the chinese know!!!
Benaud
TYX Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
