value

I get a bit concerned when I start reading posts about people losing X amount of money and need the stock to turn around. Other posts saying I put my life savings into this stock.

You have invested in an equity which is high risk, perhaps you should consider items with more diversification such as index funds. You could also think about iron ore sector fund so you get a bit of exposure to other stocks - this won't fix the diversification issue but spread your risk a bit.

It is always nice to see ships moving out of port but the biggest concern for me is seeing a steady production state of magnetite at a sustainable cost. I don't think it matters much if we are producing 8-10mt per year but the revenue = cost. This has not been shown so this stock is still high risk, I hope it happens and do have stock but I know its not guaranteed.

Something else that peaked my interest - why does ansteel no longer require 100% of the offtake? There could be lots of reasons but it peaked my interest. I wonder if ansteel have any interest in partnering on the lodestone project or if not why not? Perhaps they are waiting to see this mine is producing at sustainable cost structure?

I haven't seen much success out of the drill results, now perhaps they aren't really focusing on exploration as they get the plant up to full production. I think that is a good plan, but still the drill holes they dug were reported as not material. Does anyone have a different take on that.

I don't think it is wise or prudent to bank on this stock going up. I hope it does and as stated before am invested, but beware the risk or dog.