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Alderon Iron Ore Corp AXXDF

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

Bullboard Posts
Comment by rpdelucaon Oct 30, 2012 1:48pm
186 Views
Post# 20540209

RE: RE: Delays

RE: RE: Delays

So if iron ore prices go back down to $90 in January, they are going to delay the FS until April?? That's a ridiculous assumption.  FS are delayed typically because there is re-work being done.  The reason why the re-work is being done is unknown...could be a change in OPEX, CAPEX, production rates, etc...

Bullboard Posts