Ann: Wilcherry Hill Iron Ore Project Update , page-4

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  1. 2,662 Posts.
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    You're most certainly right that it'll cost more to buy shares if and when the port approval is given, but in this pathetic market most people are only interested in certainties rather than taking any risk. So be it; there'll be plenty of buyers when the uncertainty is removed. I see that one or two people have entered the BUY side on both the IFE and TRF boards, though not yet prepared to meet the sellers' expectations. What I can't fathom, though, is why someone has placed a SELL order for 98,000 at 28c. All that does is increase the numbers for sale for no reason (thereby helping deter buyers from coming in now). There'll be ample opportunity to place SELL orders up at that level if the amendment is approved.

    I just emailed the DAC to ask about their next meeting. I'll post their reply here, hopefully later today.
 
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