Ann: Iron Ore Agreement with Independence Group , page-9

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  1. 205 Posts.
    re: Ann: Iron Ore Agreement with Independence... I agree Paddle,

    I'll be very dissapointed if this causes a cash shortage on the other projects due to the commitment to drill holes elsewhere.

    However, if they can sit on it for 9-12 months before drilling by then (hopefully) cash flows from IFE, then it paints a good picture.


    Looks like the market is confused with this announcement too.
 
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