come home soon moriaty(with good news), page-10

I feel tylermax is onto something. Chinese just made and extraordinary offer to outbid us sight unseen. Worst case scenario is we sell the asset and look to re-enter down the track if possible. No FIRB to get in our way.

I'll paste what I just put onto the general thread as I feel this type of uncertainty means were getting very close to an inflection point.

....95% of the all investors/market commentators on your side with such a gloomy outlook. The pace of information flow has accelerated the market downtrend to the extent that major cap diversified mining houses like Freeport and Teck who have lost +80% (let alone the mid-tiers) which is equivalent to the tech-bubble in terms of quantum of the fall. Given the world is now more interconnected than ever before I feel the trap door may become an express elevator for commodities as the infrastructure spend becomes more than a proposal and looks like actually starting to kicks in. Attached link is an interesting read that make some sense, however, doesn’t give a precise timeframe to re-enter.

http://mineweb.com/mineweb/view/mineweb/en/page67?oid=72741&sn=Detail