a bar too high, page-58

I see a project that at best gets funding, starts producing, negotiates an increase in the quantity of resource it has the right to mine, eventually becoming the 4th or possibly the 3rd largest producer and seller of iron ore in the Nation.

at worst, a porject that becomes unviable and therefore unfundable due to an unexpected drop in Iron ore demand and in turn prices, lowering the company's market capitilisation to virtually nil until the company can sell its asset.

I am of the opinion in the former, but at the same time have the financial lattitude to be by and large unaffected in the event of the latter.

i'm starting to believe other large holders are in a similar position given noone has offered to sell me their shares even at a premium since I started trying to buy @ 35c a share