I suppose readers noticed this news on ABC - Mindax strikes deal to develop iron ore mine at Yilgarn in the Goldfields - http://www.abc.net.au/news/2013-10-15/mindax-strikes-deal-to-develop-iron-ore-mine/5024918?section=wa Just checking whereis their Mt Forrest deposit - not far ESE Sandstone - Makes some of the IOH tonnage look positively metropolitan. http://mindax.com.au/?id=211 Only a coupla hundred km rail spur from Leonora towards Sandstone. What do readers think ?
IOH Price at posting:
88.0¢ Sentiment: LT Buy Disclosure: Held