RE: Question22 Mar 2018 08:52
Morning,
I see the Iron assets as the backbone of the company. They're why Sumitomo and Assore originally invested and they have by far the highest profitability potential for the future.
So, whilst an asset sale this year would definitely be a positive, I would think there's precisely zero chance it would be Iron Ore.
Ironridge are happy to put them on the backburner and focus entirely on Gold & Lithium, so it's not as if the Iron is distracting from focus at present time.
Could return to Ridge Resources I suppose. But I don't personally think it's necessary.
The company was price at 4p in 2016 and 48p in 2017 so I'd say we're doing fine as IRR.