re: Ann: Significant Iron Mineralisation Inte... G'day Proofreader.
If you were waiting for the right time for a takeover, wouldn't it make sense to cap the price while you fiddled?
Raising $400-$500 million or more takes time and the Chinese think in decades, if not longer. Waiting for a JORC to show your backers [and cover your own backside] makes eminent sense.
This is why a share buyback makes such good sense for CFE. What better investment is out there?
Cheers, Doomdog
Ann: Significant Iron Mineralisation Intersected , page-31
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