CRI 16.7% 1.4¢ critica limited

Get on the Beers, page-46

  1. 6,644 Posts.
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    Great post Tarampa.

    The last thing long term shareholders need is daytraders ramping the stock. They change their minds very quickly and move on to the next fastest moving stock. I suspect there will be teething problems with trucking ore to port (negotiations with Tas govt on upgrade of roads). Any number of unforeseen issues. I also understand the ore is FOB at Chinese port vs FOB origin. Someone earlier posted that VMS paid when ship is midway there. Risk usually passes when ore arrives at the destination port. Not sure how long it takes for a ship to reach China from Tasmania.

 
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