Is it possible that they will take up a J/V with AVZ which Steinepries has an interest in which has an advanced iron ore project in Namibian (high Grade). There would have to be some capital raising to do so. As there has been no news for far too long I have been researching the possible directions the company could take. This seems a very logical one IMO. If the company is content to not inform s/holders of what is happening or reply to emails I think it is fair for us to speculate on what or if there is news forthcoming.
TWO YEARS IN THE DOLDRUMS IS LONG ENOUGH.
MOO Price at posting:
1.1¢ Sentiment: None Disclosure: Held
