If you really believed that, then its no wonder so many people got sucked in.
According to Timmy NSL/IOR should be producing about 8 million tonnes pa by now.
How would that ever happen when all they had was crap iron ore at 33% and planned to turn it into 58% garbage.
They couldn't even do that.
Never made one $$$, after how many years?
It was a con job from start to finish, at least the new CEO has the sense to realise it.
Hope you've all learnt a lesson from this, don't always believe what management sprout, just believe in the results that are produced.
IOR Price at posting:
6.9¢ Sentiment: Hold Disclosure: Not Held