why the iron ore minnows could fail........, page-2

  1. 21,239 Posts.
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    I agree that iron ore minnows will have a tough time for many years to come.... I used to like TLM but realised very quickly that with no infrastructure of their own they are likely to remain just another of the stranded iron juniors with a small but interesting Haematite deposit - AGO might be a bit different it's got its act together, infrastructure isn't a problem and it's producing - but as you say, at what cost?....

    with all the iron ore (many billions of tonnes) that BHP/RIO/FMG have got, it would take them 100 years or more to deplete their stocks I'd imagine - which leaves the small fry where exactly?.....

    can't see small iron stocks recovering unless they can get their ore to market - and how are so many of them going to do that without rail links etc?.... many are doomed imo....




 
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