I don't believe the big money will come on the DAY of an announcement like this, but i was really happy with the ann. gives some more reassurance. What stuck out like dogs nurries for me was:
"The Company will advise the Market as soon as something
sufficiently binding or capable of announcement is available"
Sounds pretty close to me, almost like they could have released something but will wait until 'finalised'!Pretty much like something non binding has been agreed upon, which is very positive, imo.
Glad nothing was said about time for fifth party etc as this i believe would "seem" as stalling, very clever by management imo.
I believe it could be this 5th party we are going into bed with and it could very well be Sinosteel we will find out hopefully by the end of July imo.
Also market has turned in favour of IO stocks today with maybe a shift in sentiment with RIO chief suggesting shortfall even with their forcast outputs, in Perth yesterday, as well as VALE now decreasing its forcast outputs, very much like Nectar was suggesting bat an earlier date about expected forecasts and actual supply.Good gains by some of the IO coys I scanned through today, even juniors.
KP I think you must have some friends in high places what with your "fat holding" and blind faith. Good luck to ya!
Good luck to all holders hopefully we can start to crawl, and not jump, out of this little pot-hole we're in.
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