re: Ann: Quarterly Activities Report / MD Con...
Previous report: These engagements have resulted in IOH securing seven non-binding Letters of Intent from reputable Chinese steel producers, covering more than 70% of the planned production in the first five years (more than 22Mt out of planned production of 30Mt)."
Current Report: 12 non binding agreements for more than the 30Mt/5 years production.
Pretty good progress and another 5 interested parties looking to buy all our ore for five years. Get a hurry along I say.
I think we need to see IV all signed off and a production date for this stock to really take off.
Anyone know Rio's plans/progress for production from the Koodaideri South sale back in 2011.
IOH Price at posting:
90.0¢ Sentiment: LT Buy Disclosure: Held