SPH 0.00% $3.10 sphere minerals limited

Ann: Lebtheinia 2.3Bt Iron Ore Resource , page-6

  1. 1,409 Posts.
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    Looking at getting on board this one for the ride (long term)

    If I'm miles out with anything let me know

    Looks like a lot of holders (other than substantial holders)in the 1.50 - 2.50 range.

    Soros came and went pretty quick ad hammered the s.p. just recently

    Qatar steel pull out but note they are still a substantial holder (nearly 9%, any ideas's what price they are in at or are they playing this for a future reentry, lots of questions here)

    Very low since Soros bailed out so looks like majority are hanging on - good news..

    Like all stocks those on margin calls and stop losses are all out now.

    The key to this is J.V. developer, sounds like a lot of interest but there's the gamble in this market.

    Sound like a stock that could keep creeping up on low volume given Soros having such a downward impact.

    Yeserday's news was largely expected given lack of moves today however another important box ticked and allows for more advanced negotiations.

    hmmm looks pretty good overall.

 
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