no surprise, page-3

I don't normally invest in iron ore but this project has both low operating cost, great logistics and a low capital cost base (not to mention a high quality product). This is rare. And with no native title and Julia Tax it will prove to be a good investment even if the price of iron ore drifts back. Try financing an iron ore mine in Australia at the moment? That's a hard one! Try financing one in Nevada - not a problem! No sovereign risk there!

Buy on the dips. I am - and loving it! At these prices the Veritas figures (conservative) make it a 7-bagger from here. Yum yum! You option holders keep selling and I'll keep scooping em up.