IOH
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0.00% 70.0¢ iron ore holdings limited

fmg latest presentation, page-3

  1. commodorecontrarian
    1,665 Posts.
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    21/03/12
    00:11
    Post #: 9868937
    Riverdry - FMG may be cagey on details but their enthusiasm for Nyidinghu is obvious here:

    http://www.businessspectator.com.au/bs.nsf/Article/Fortescue-bullish-on-former-Rio-asset-SKCPZ?OpenDocument&src=hp8

    Fortescue director of development Peter Meurs said Australia's third largest iron ore miner was bullish on Nyidinghu... "Nyidinghu is a fabulous ore body," Mr Meurs told reporters at an iron ore conference in Perth on Tuesday.

    "It's a medium-phosphorus product but the Chichester is zero phos (phosphorous), so if you put the two together you get a wonderful blend.

    "So for us, it's an ideal deposit located in exactly the right place."
    IOH Price at posting: $1.54 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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