re: News: Iron Ore Holdings presents at the A...
It will be interesting to see how real and serious ioh are re this 'truck & barge' caper.
I suspect it's a ruse, to simply demonstrate a viable method (and ultimately with govt approval) of getting the stuff on a ship. If my guess is correct, this just goes to once again prove that we have a very smart team running ioh. They will simply consider ALL options to do a deal and monetise a project, which for us sh's is fantastic.
I agree it was a great preso, and the company still has a great future and i'm not selling any (i've actually been topping up lately..) of my 'investment' parcel. However, I still think that market sentiment is against us with so much caution and pessimism about - no one seems to want to buy anything at the moment, prefering to hold and wait. Hopefully a few good ioh announcements, and a new year will bring along the sp stimulus we are all looking for.
Cheers, Mac
Please dyor.
IOH Price at posting:
81.0¢ Sentiment: LT Buy Disclosure: Held