IOR 0.00% 0.0¢ indiore ltd

Ann: Voluntary Suspension, page-33

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  1. 4,695 Posts.
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    Do you even have the slightest clue what it costs to build an iron ore pelletizing plant?
    Whilst I think its a terrific idea, I question where is the money coming from.

    All that will be done is to accept the inevitable, ie continue the current strategy of building a low volume capability for producing a lower end product and then finally go bankrupt. Management will have sucked the trough dry by then.
 
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