Wow, looks like the gloves are off for a winner-takes-all herculian battle for iron ore resources across West Africa now involving a geopolitical hybrid warfare and intense competition dimension. LOL
FMG is still licking it's wounds after losing to China led SMB Winning consortium to secure Simandou block 1 & 2 in late 2019 despite having many billions of dollars on the table. But I doubt their pockets are deep enough to fund the infrastructure.
In light of these developments, if I said Ding is a gifted visionary and shrewd strategic investor with forward looking abilities for targeting the critical infrastructure, I now say he is the business savant of global iron ore no less. LOL
Bring it on Ding. Yippee !
ANS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
