Ann: Joint Venture discussions with Arrium for iron ore sale, page-22

  1. 765 Posts.
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    Unfortunately, there are generally more questions than answers with this stock...and so it has been since the beginning.

    I don't think the share price will do much until this new agreement is confirmed, and even then not until the ore is actually being taken from the ground.

    Unsurprisingly, the recent announcement did not state how long the discussions would take.

    Remember there was a memorandum of understanding with a Chinese buyer a couple of years back, but that all fell through.

    So, whilst I am forever hopeful, I will wait to see 'the ore on the floor' before I speculate on the future.

    Cheers!
    Catweasle
 
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