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Ferrex busts out of industry malaise

This story may sound familiar. Half your exploration or development projects are in the depressed iron ore space. Capital-constrained markets are making life difficult. Something has to give unless you want to become a so-called 'zombie' company – freezing on-the-ground operations in a desperate bid to conserve cash.

Ferrex busts out of industry malaise Ferrex busts out of industry malaise Ferrex busts out of industry malaise Ferrex busts out of industry malaise Ferrex busts out of industry malaise

Ferrex will stick with its Togo manganese project

In those circumstances, some might feel it's acceptable to throw things up in the air, hoping the pieces land in the right place, at the right time.

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