Amazingly frustrating iron mike, but i did take the opportunity to add in the high 80's so I guess can't have it both ways. I don't think we'll ever see IOH as a stand alone producer, but given the deals that Alwyn & team have done I don't think that that is such a bad thing. We have ability to find, prove up and negotiate good deals - so if thats what we're good at, so be it. The capital costs of production are even making the BHPs of this world rethink green field projects but given our locations, holdings & management talent we can profit significantly for very little outlay.
IOH Price at posting:
83.5¢ Sentiment: ST Buy Disclosure: Held
