IOH 0.00% 70.0¢ iron ore holdings limited

August 8th is the deadline date RIO have to meet if doing...

  1. 8,527 Posts.
    August 8th is the deadline date RIO have to meet if doing anything.

    Over two weeks off.

    We all know they would be ruthless negotiators. And have the PM behind them now!

    Not the time to desert the ship yet IMO.
    Or even if RIO reneg. Which may turn out to be even better.
    Hello, China!

    IOH has an Iron Ore treasure chest. They have Kerry Stokes well in positon and steady as a rock as majority shareholder. He knows what he is doing. He will not dud hinself, let alone us. Some Pirate will want it!

    It's the mining tax, not the value of the immense treasure trove IOH is sitting on, which is pressuring the shareprice. And making (helping) RIO keep us in suspense. All IMO of course.
    Please do not take this as investment or trading advice.
 
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