Thats my and our only hope. Slow Rebound to 2011.
My average entry price is now $1.55. Just ride this baby out.
My hope is they dont blow the cash and it stays above 50 cents. They should of been conserving cash months ago.
When will these dumsculls realise there is a MASSIVE glut of IO. KILL PILLBARA dollar spend.
Pick up some distressed resources on the cheap. MY GOD look at AXO. SP at less than half the cash in the bank and Billion tonne resource with V5O2 for free. Port and Jorc plus offtakes. All for 15 million dollars.
Also Once they upgrade the Jack Hills Weld Range volume and this CHM thing is gone then we can go cap in hand to Sino and they may pick us up for 2.00 bucks.
Thats my and our only hope. Slow Rebound to 2011.My average...
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