http://www.mining.com/ex-rio-tinto-exec-calls-china-a-dud-investor-says-aussie-concerns-are-overstated-29604/
Petey888, China would welcome that.
It is imperative for China to help Twiggy. Just read the article provided in the URL to see how RIO's exec pokes fun at China (see article).
China has stated an objective to own 50% of all their IO imports but it has pretty much come to nought so far. Hence FMG's survival (by implication all Pilbara juniors) is strategiclaly crucial for China.
Lending a hand to FMG (to save China COUTLESS FOLDS MORE in the future) is a logical conclusion. Wouldn't be surprise to see Twiggy going to China anyday now as he must draw up the contingency plan in case the syndicate loan with wetesn banks hit a snag.
China also knows for that same reason, Atlas is vulnerable to low ball offer from the likes of Glencore/Xstrata.
Perhpas this is a an opportunity for FMG to work with Atlas, Brockman to kill two birds with one stone.
Perhaps Gina can then join the party later on.
- Forums
- ASX - By Stock
- bhp sabotaged chinalco:fmg china's best friend
http://www.mining.com/ex-rio-tinto-exec-calls-china-a-dud-investo...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$20.35 |
Change
0.590(2.99%) |
Mkt cap ! $62.65B |
Open | High | Low | Value | Volume |
$19.91 | $20.50 | $19.90 | $172.3M | 8.500M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 7799 | $20.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.36 | 1175 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7799 | 20.330 |
1 | 11297 | 20.320 |
1 | 10141 | 20.310 |
9 | 16148 | 20.300 |
1 | 18422 | 20.270 |
Price($) | Vol. | No. |
---|---|---|
20.360 | 1175 | 2 |
20.380 | 27438 | 1 |
20.390 | 2000 | 1 |
20.400 | 7549 | 5 |
20.410 | 170 | 2 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
NEWS
Exciting new copper-gold discoveries at Tarraji-Yampi: Dive into the strong drilling results now
FMG (ASX) Chart |