re: News: Iron Ore Holdings presents at the A...
Seems to me that Mr Market does not like this idea out of Bungaroo and with Anketell apparently having been wiped from the face of the Earth I can't see anything to support the IOH share price until they not only have all the necessary approvals but also a partner to make it happen.
Until then it seems fairly worthless, and SP will continue to fall.
The PFS is not going to change anything and approval for a barge port is also meaningless without the project/ finance to actually build and use the facility.
I think the SP is going to only get uglier until early-mid 2013.
IOH Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held
