This ann today was perfectly designed to create massive negativities to reap off cheap shares from many holders to transfer to "someone" else.
It is a negative ann, make no mistake about it but why was it deliberately written as negative as possible way? Is it designed for a transfer to wealth from panicky sellers to "someone else".
I will explain later but I personally feel it is very fishy and designed for a .....
Seeing FMG CEO proudly stated that it now boast an impressive portfolio of iron ore mines with products in all grade categories of low-medium-high grade with its newest Iron Bridge magnetite project, I wonder what BHP, RIO, POSCO, TATA Steel,...are positioning for projected massive increase in demand for high grade magnetite iron ore products?
The project value does not change. The time frame changes. That's all it is.
The big big question mark is: why was it written in such a massive negative way?
HIO Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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