This will be most likely put out to Instituitions, who will pick up the shortfall, otherwise this placement may be extended. Let's see what happens.
I hope we see Port Aprroval decision very soon. Well done to Iron Clad putting the message out with the ABC news how it has cost them more than $6 million with delays. A strong message to put back on the state government if it's serious about being a mining friendly state in attracting investment. It has to resolve this issue expediently.
Other Juniors who are thinking of entering the South Australian market might think otherwise if this is not resolved very soon. South Australia has to get it's act together, with it's bureaucracy, clearly very far behind Western Australia. The biggest risk to all stakeholders, are the regulatory hurdles and delays.
Iron Ore Producers firing on all cylinders at the moment. Atlas Iron, Mount Gibson, BC Iron, Fortescue.
Now is the time TRF
TRF Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held
