Geezus 2ic yr CMR spiel is more depressing than my GORM hahahaha ...
The risk is sure greater now alright .... risk that AUD / USD / EUR / RMB et al will be worth ZILCH cf to the real stuff when we wake up tomorrow etc ......
Agree tho our leaders should be saying something atm.
Yr sulphuric acid pessimism has gone out the window tho methinks and AUD is touted as heading lower ... wouldnt surprise me if it retested the 0.47 lows ahead. Net effect is very POSITIVE for oxides. But agree we gotta see some numbers asap.
Market action suggests to me Cornell may be in trouble and cashing irrsepective. Love to know who is buying atm.
Yes only time will tell if this is the cheapest buy on the board or not .... thats why Im only playing it each way atm as am sure many others too. Bottomline is we got a plant operating whilst most of the "other competition" is probably being shelved until the yankee conjob ends. If we all go to Greater Depression than this is probably the least of our worries.
I keep asking why GT forked out 24 mill of his own recently but yeah again, we dont know the details. How about some transparency bros ! Real pain in the butt now at market cap 40 mill. Whats happened
Last I looked HNC had about 500 mill in the warchest ... unless they also got sucked into slime like so many others ... and PRC owns 40% lest we forget. And they just paid out about 85 mill cash to AII shareholders today for 70% of their IG in the middle of nowhere.
Where's Pirra ... gotta stop looking at that half - glass ....
IMBOOC
PS wonder if this Wednesday will see the DJ low or whether we already saw it Friday ... nothing much matters anymore if they cant turn it this week. How can the financials etc still be quoted so high ??? (IMO)
CMR Price at posting:
31.5¢ Sentiment: LT Buy Disclosure: Held