Thanks, should mean more available for others I'm taking full...

Thanks, should mean more available for others I'm taking full allowance and all extra I can, all you really need to know is the institutional offer was oversubscribed. With the current selling you keep winging on about some investors will have sold 20% (1 for 5) of there holding to rebuy at $0.81 and maintain their exposure at a lower average

Don't forget this is an operational mine not a start up or exploratory company, with regard to the price obtained per ton, just remember 5 years ago iron ore was $50 a tonne and was predicted to go to $35 by the so called experts its now over $100, it's the nature of commodities their cyclical, and credit to the management for reducing output, it's something they can increase quickly when the prices change lets not forget the mine as a predicted life of 50 years.

This could easily retrace back above $1.00 quickly once the dust settles, with a potentially significant increase over the next 5 years as demand will only increase