SPH 0.00% $3.10 sphere minerals limited

clayton utz sells down from 7.4 mill holding, page-8

  1. 1,463 Posts.
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    No worries Arthur....interesting times ahead.

    Question is, why would Soros sell down to 20c when the average price he paid per share was $1.31 at end of Oct?

    Lebtheinia resource does look v. promising but I don't think the size of SPH's proven iron ore reserves is the current issue; rather a replacement partner for Quatar Steel is the most pressing matter. IMHO funding is everything in today's market climate. Let's hope SPH pull a rabbit out of the hat and secure new interest.




 
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