Attractions.She has short legs - so not far to travel to reach...

Attractions.

She has short legs - so not far to travel to reach the end zone (small amount of shares on issue held very tightly - Any run is usually swift & large - Also a negative when things are unattractive (haven't shaved their legs)

Potential large resource - Although like other Aussie miners hermatite keeps turning into magnitite (not great still ok but need double the resource

Potential takeover - New MD has history plus small shares to aquire - Even at $1 it will cost you only $150m pretty cheap. Thats a huge premium to current price

Coal - If could get a deal done

Russians - 20% stake - If want to impove the investment need to cough up more cash

Problems -

Tight register leads to no buying & selling - Not many know of the stock.

No significant news due soon & by soon I mean couple of years - Project is years away

Buru coal - Was to be the cash supply to Peru - Looks dead in the water deal unlikely according to Qtrly (may miss the coal boat as well as the IO boat).

Russians - If they bail register

How about those thoughts & some from your self Dobebite