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Alderon Iron Ore Corp AXXDF

Metals & Mining Steel Industrial Metals & Minerals Steel
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.


GREY:AXXDF - Post by User

Alderon Iron Ore Corp
Bullboard Posts
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(5)
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Comment by BGrahamon Apr 17, 2012 1:29pm
430 Views
Post# 19803537

RE: Crazy Selling

RE: Crazy Selling

I don't think you are seeing a negative assessment of the deal at all.

 

A lot of uncertainty has been lifted.

 

There was no talk about adjustments to the IODEX price based on high manganese or excess fines in the material - only adjustments for marketing fees.

 

I think, although I'm not absolutely certain, that the IODEX mechanism makes allowances for such things as deleterious elements and excess fines in the con.

 

So its great that the project output has a price reference, but does this reveal everything about the Hebei-Alderon price agreement?

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