IOR 0.00% 0.0¢ indiore ltd

Pleased to see somebody else is concerned about the performance...

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  1. 4,695 Posts.
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    Pleased to see somebody else is concerned about the performance shares and lack of hurdles. I still think that 58% grade isn't even in the ball park. Unless the target is set at 62% minimum grade IOR would be better off looking for gold in Cambodia. More chances of striking it rich in Cambodia or Myanmar than producing crap 58% grade iron ore in India. The amount of money thats been wasted and is continuing to be wasted could have set IOR up for a much better business model. Its no wonder investors are now giving IOR a very wide berth.
 
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