IOH 0.00% 70.0¢ iron ore holdings limited

new valuation by oe. $7.09 to $10.63 / share.

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    There's a new report on IOHs website. This can be downloaded from:

    The report states: "Applying the Phil's Creek NPV multiples for Iron Valley, which we view as being extremely conservative reflecting the limited scales of Phil's Creek, the current Iron Valley resource already is worth between A$803 to A$1,250m, or $7.09/sh to $10.63/sh."

    That's roughly 700% upside. Bring on 2010!


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