Tombador are not gong to be selling as quickly as possible, more that they weren't prepared to sell their crown jewel prize asset on the cheap. World is STILL in recovery - hopefully geopolitical tensions calm and global inflation can be pulled back further, India, China et al, are not going to wait for the rest of the world however, and we are heading to more brighter days where global resource demand should continue to pick-up.
We would all like to see a good next report with some excellent feedback from Usiminas, and a growing global resource demand picture - should bode well then for a SP re-rate. It is though like ground hog day right now and that can be / is frustrating.
Not over yet, I don't like continued use of the phrase, but here it is - patience here.
GLTAH.
TI1 Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
(20min delay)