Last investor in the Q/A most likely a disgruntled shareholder and had the rug pulled under him,with his losses easily topped more than 75%! The bottom line: This is a commodity-price-dependent business,the price change CUTS BOTH WAYS!! And this stock is likely to go lower than $0.70 soon.
ps-"Spot price" do not have the same meaning,if you are a small producer,in a downward iron ore market!!OOOOuuuccchhhhhhh.....
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