"Mr Sage has said he expects Evraz to lodge a bid for his company to direct the $300 million into financing development of the Cape Lambert iron ore project, which Cape Lambert Iron Ore recently sold and in which Evraz has since grabbed a 75 per cent stake".
When Tony Sage said that??? 2 months ago or yesterday???? Before CFE sell the project to MCC Evraz already told Mr Sage he would probably and may be lodge a bid. But what happen now???
CFE Price at posting:
19.3¢ Sentiment: Hold Disclosure: Held
