No idea Billy, but it always pays to be cynical doesn’t it. However if I had to guess I’d say no immediate CR, they appear to have the debt funding/CN in place to get the mines through development, and more than enough on the plate at the moment - look at the number of sites we’re trying to bring online.
But the AHQ story naturally makes me cautious (albeit acknowledging their resources have issues and are a totally different prospect from met in the Bowen Basin) so I’m choosing further entry points cautiously.
That’s my take, FWIW. I’m happy to be patient on this one as I see possible weakness from the Chinese RE sector on the horizon. Cheers
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No idea Billy, but it always pays to be cynical doesn’t it....
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