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36.5¢ nzuri copper limited

Kangaroo was one i missed a no brainer for so long, and then it...

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6,240 Posts.

1713

02/05/19

16:47

Post #: 38379948
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Originally posted by city1866: ↑

Maybe, but when ever the buyer is a Chinese corporation, or any other non English speaking entity, see Mitula (Japanese), Vitaco (Chinese), Kangaroo Resources (Indonesian), the margin is Large. That's 10%+

Heck, what is the troika of death for a share

- cobalt, price collapsed
- Dem. Republic of Congo, corruption/child labour
- Chinese, they're Chinese

other than that , i agree with you. Buy more for a 19% return in 10 weeks. The key things with the Chinese is they pay cash and never renege on a deal.

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Kangaroo was one i missed a no brainer for so long, and then it filled very quickly.

These guys built a 250m AUD plant and need the ore, don't think they will renege.

Have you ever seen a deal fall through that wasn't in Australia and by a mutli billion dollar company ? Serious question.

NZC Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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