Iron Sands, page-16

Yes. Very valid points and good thinking moorookamick. Greater stability in the Fe contract price would be preferable.
Also, it would be good to see Amex appoint a respectable Aussie Chairman now the Chimese one's work is done.
Obviously with their "burn rate" Amex is likely to require a further cap raising in due course but the flip side of this is that it should create greater liquidity in the stock. The big picture is that the project is under way, at last, and it will be a very viable one with an excellent bottom line. Alternatively, a takeover offer is a distinct possibility and this would need to be attractive enough based upon projected net returns.
Additionally, this may not be a one trick pony with a number of other WA based prospective tenements.
Cheers