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On my post from 9:27pm last night? I spent ages on that for flips sake :-) Blah blah blah.... Best, Matt

I've been kicking myself for not taking the 84p I was offered at the end yesterday - but I would've bought back in on this mornings initial dip. This has been very difficult to trade - I thought it was going to dip so sold at 50p and missed out on the 50-60 rise. Bottom line - I'm holding firm and looking forward to the next set of figures. Best, Matt

Well played - looks like this is going to hold pretty steady (touch wood). A consolidation day would be fine by me.... Cheers, Matt

Morning Granto, Hope you have revised your own price target! I have searched all over to find something written about yesterdays rise but have drawn a blank. Have you found anything? Ps Did you have a read of my post from last night? Any thoughts? Best, Matt

I'm with you on this. I can find no explanation for todays staggering rise other than a lot of people are buying in to this as a real turnaround story. Although we have had a recent broker target price of 117p - the rest are still incredibly low which suggests that a lot of people had either previously thought this company was a basket case or at the least thought there was too much risk still attached. With the next debt payments looking very achievable and with $76 million to pay in the second half (as opposed to the $120 million we were up against in the first half of 2016) - We now have the opportunity to up our amount of retained cash significantly (and the current iron ore price will help greatly) - which should in turn give us some leverage to negotiate more favourable terms on any outstanding loans. From the recent half year results it states that $158,150,000 of debt has to be paid off in the next year. Well we paid off $120,000,000 in the first 6 months of this year with a less favourable iron ore price so I'm backing us to continue to pay down debt. Net debt was $753 million as of 30th June so one year from now it has to be down to at least $595 million. On current form I'm betting its achievable and this company will prosper. Perfectly willing to be picked apart on this....appreciate any input tho. Best, Matt

OK i'm talking to myself but heavy buying in to the close is telling me to hang on a bit longer.......

Someone knows something.....don't they????? Matt (Very pleased with his 10,000 top up at 62.50 this morning) - even if it was triggered accidentally :-))

Just tried it and was offered 72.25p for 70,000 shares. Guess what guys.......I reckon we are getting some institutional buying. An RNS showing holdings would be real good right now...... Matt

bound to get some sellers into that fast rise but we have just hit a 52 week high too!!! I think people are starting to realise that although one swallow doesn't make a summer - one really good month for iron ore prices can make a massive difference to us. Very grateful we are selling a premium product and more of it to more customers. Still a stonking buy for me. Matt

This is making my top up at 62.50 this morning look good......can we please open our screens and draw breath? Are the institutions joining? I will see if morningstar has been updated. Or is an offer about to be made? Thoughts? Matt

Hi Granto, Sorry to be a pain but did you have the link for current iron ore prices? Will it be subject to the pellet premium? Best, Matt

Am I glad to be back in....... Trading this is impossible - making it even more attractive

is she about to blow? :-)

Hi guys and gals, Had a sneaky peak on iii for some more technical info and the intermediate resistance is as stated at 59p (incredible) - we need this to all be mopped up and then we should be on the bus to 68p (next stated resistance level). Looking forward to more upgrades, more debt paid off and then re-negotiating our longer term debt. Cheers, Matt

Nice..... Are the fund managers getting involved now?

According to the technicals courtesy of ii - there is resistance at the above. I jumped in first thing because we touched 62p on friday (correct me if I'm wrong) and then dropped back. Loads of buys this morning in my opinion mean that we will break through this quite quickly - and then its blue skies above (I hope) Best, Matt Granto/Ta-trade/Oldfinger etc any thoughts?

In a criminally poor show of timing I can now announce that I am back in and intend to tuck these away until we see 3 figures. 10000 @ 59.93 16829 @ 59.96 33171 @ 59.97 Back to 60,000 of these then - my biggest holding by far - and as I write this the ask has dropped to 59p. Dammit!! Best, Matt

Think we both did ok for a days work..... Cheers, Matt

Ta-trade are you saying you got out at 51.81 or are you in at that? Cheers

7935 for me! Could close now but I'm inclined to agree that this will bounce back regardless - will stick a stop in at 80 quid - should be ok for today tho. Hoping for an 85 finish.... Best, Matt