IOH 0.00% 70.0¢ iron ore holdings limited

WOW! That looks great.The project has an NPV of approx 7 times...

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    WOW! That looks great.
    The project has an NPV of approx 7 times our market value!
    It is estimated to earn more that our market cap every year once in production, based on IO price of $80 in 2016 and $84 in 2017 with a long term price of $90 assumed.
    We just need a financing option and the target final investment decision is Q4 2014.
    Our share price should be well north of $2.
 
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Currently unlisted public company.

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