If you knew anything about the IO industry in Australia you would know that it is controlled by the DSO (Direct to Ship) Haematite crush and ship producers, the three main being BHP,RIO and FMG.
None of the three own or operate a low grade magnetite mine. The only question you need to ask yourself is why?
If you can't figure it out from there, don't expect me to, for you...
Like they say "You can lead a horse to water, but you can't make it drink".
If ignorance is bliss then so be it. Continuing to spoon feed some on this forum is becoming tiresome!!
Ho hum!!!!!
IRD Price at posting:
26.0¢ Sentiment: None Disclosure: Not Held
