Interesting read, thanks for the post seawolf, i just hope that leasons will be learnt and that the THX shares goes to someone with a long term view in the Co, and not mates in the industry. As we seem to be going in never ending cycles here, my veiw is a sale to Chinese who they have just announced the off take agreement to.
Perhaps some do not like this deal, but it was clear when the Co stated that trucking the Ore to port was much in line with working out a deal to get the ore on a train, seems a gun was held to thier heads, UMC has called thier bluff, now with this deal perhaps the 3 (FMG BHP & RIO) are now on the back foot.
Cheers,
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