There has been a dramatic shift in supply costs of iron ore with bhp announcement yesterday
The scene has changed and bc iron can at the 11th hour back out of this deal .
It would take a brave man to so , but it must be done otherwise i fear they are spending 150 million on something that will not make money for many years
The can buy and get involved with some great companies just not this one , last chance morgan dont get blinded by ioh PULL OUT NOW ! Otherwise the stock will go down to 1 dollars and not make money for a few years.
Buy into another commodity one that is not going to be saturated with cheap ore where you can not compete.
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