io price up 60% since merrill massacre !, page-4

Angor, a NO vote will flush out a FINAL bid from the Chinese commies.

Although, a counter-bid may render the NO vote irrelevant.

Let's hope that's the case.

As far as capex goes, Sundance (cameroon / congo) offers the Chinese the lowest capex anywhere in the WORLD with African and Chinese ultra-cheap, labor, Chinese materials for construction and Chinese firms doing the lot.

Honestly, the CAPEX is not even a major consideration (as we now see it's a commie state plot from day one to bypass FIRB objection).

In the words of HAN LONG, the West African IO province gives China a SAY in global IO price negotiations and ALLOWS china to be the 4th FORCE in Iron Ore.

No playing CHICKEN, that's for sure.