Iron ore does not have a used by date people. Who ever owns it with correct infrastructure can mine it whenever they wish. If they don't want to mine it tomorrow they can mine it in 5 years if they want or 10.
The only cost to a company would b the capital they invested to let the stuff sit in the ground but there is no expiry on it.
I hold n have not sold 1 share hoping for rio to come over the top, and i was very confident they would. With every day that passes the likelihood decreases.
rio will not bid!, page-21
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Last
86.0¢ |
Change
0.040(4.88%) |
Mkt cap ! $171.8M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 86.0¢ | 80.0¢ | $3.413K | 4.159K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 655 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 47991 | 2 |
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| Last trade - 14.08pm 27/09/2024 (20 minute delay) ? |
| RHK (ASX) Chart |