I am sorry to say that I have been proved right on this. Teeside...

I am sorry to say that I have been proved right on this. Teeside is now dead and yet more RE refining is going to China giving them virtual control of the refining process worldwide (I know there are a few elsewhere) so we will be held to ransom on pricing. Personally, I blame Appian for flogging their 19.9 per cent holding to Shenge. Quite what they thought they were doing, I do not know, there is such a thing as national interest and they seem to have forgotten that. I suppose I will have to hang on to my shares, to see what happens, but a major reason for buying th was the Teeside refinery, which as a Pom had its attractions. I also hold Pensana, so let's hope they don't get involved with the Chinese.