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Well said Yeatesy. One would assume with IBG announcing the...

  1. djr67
    540 Posts.
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    25/01/17
    08:47
    Post #: 22121435
    Well said Yeatesy.

    One would assume with IBG announcing the progress with China Non Ferrous (CNF) on the back of the trading halt for CR that CNF are expecting a payment for their work or a contribution towards the tender bid. With this assumption such a payment would expedite the process and de-risk CNF from the costs associated with putting such a complex tender bid together for the banks.

    If i'm right, a great move on behalf of both businesses to each have hurt money involved and to work together as a team. Thumbs Up!

    GLA and as UFC's Bruce Buffer says "It's Time"
    Last edited by djr67: 25/01/17
    IBG Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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