fmg option to license iron valley, page-18

Agree christrading with your assumption as to price popping $2 tomorrow. IOH looks to be using the skill sets of entrepreneurship rather than mining. Not a bad strategy when you consider they are light on their feet (capital costs) & prove up resource & sit back collecting an income stream. Reminds me of the early days of Hancock Prospecting when it was a cash cow. In later life it has evolved into a producer. maybe thats a model we could mimic.