re: Ann: Quarterly Activities and Quarterly C...
LDKS
90 % means good odds for CHM. Barnett is telling sinosteel and the chinese to buy into midwest companies.
Sinosteel must have MMX to make MIS work and create economies. They then have some of the port which fulfils another of Barnetts ambition. With Chinalco gone bad both the rudd and barnetts governements will be looking to make an example out of the next big deal. They will at all costs be seen to be open to the Chinese so will let the FIRB go to 100% and whatever else is needed to break RIO BHP FMG stranglehold on the IO market. The midwest will become the great CHINESE counterbalance.
MMX Price at posting:
$1.91 Sentiment: None Disclosure: Not Held