jojo, you may be right. I was throwing around a few possibilities with my analysts the other day and one of the ideas from someone having contacts in China is that China will have an even larger appetite for IO due to the recent earthquake devestation. They are going to need to rebuild whole cities that weren't part of their previous plan.
One thing you can be sure of is that when the Chinese government does something it does it in a well planned way. One of the first steps in rebuilding is to secure long term reliable supplies of building materials. So while China has always has an eye on Australia's IO it now has a real motivation to buy and buy big!!
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
