In my daily read local newspaper - resp. in the "Money Post" section thereof, there is an article under the heading "The year in IPOs foretold: weak sentiment, lots of deals".
From this article, I quote one full paragraph hereafter.
QUOTE
Resources should be prominent.
While Australia's Resourcehouse probably won't make a fifth try at listing, Mongolian coal miner Erdenes Tavan Tolgoi should come with a US$3 billion-plus IPO in Ulan Bator, London and Hong Kong. Other hopefuls include China Nonferrous Metal Mining, Chinalco's Peruvian copper assets, South Africa's Gold One and Lontoh Mines, and Australia's Galaxy Resources.
END OF QUOTE
So, perhaps the ultimate spark needed to see ORD's sp going up again will be that "hopeful" listing of CHINA NONFERROUS METAL MINING on the Hong Kong Stock Exchange - IF that will happen?
Comments welcome.
wasa
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