Ann: External Review Confirms Strong Economics of, page-7

re: Ann: External Review Confirms Strong Econ... http://www.globalpost.com/dispatch/news/xinhua-news-agency/140601/australian-iron-ore-producers-expect-further-price-drop

Follow on what I said on 31/05 (previous post)... CUT COST!!!! Must get admin fee down below $500K per year and stop spending on other activities.

ROY has $3m cash, but burning fast. When money runs low, how do you do a capital raising when iron ore price is at $80/t? ROY directors please plan ahead before you spend.

Iron ore producers saying can expect $86/t soon.

Just IMHO, do your own research.