ah yes Ocean Equities the only institution our directors bothered to court
maybe they would have got more bang for buck doing a roadshow in Australia or didn't that fit the game plan?
I can't believe how short sighted our directors could be to cash in their chips for about a dollar a tonne (not counting the drilling we don't even know about)
with iron ore fundamentals strong, China expanding for decades to come, and BHP/RIO under the pump to open infra access, this will go down as one of the most myopic board of directors of all time....IOH investors should be scared/angry that Randall is there given he also approved the BHP takeover.
Chinese pay $1.35 for a minority stake and you recommend we sell the whole lot for $1.30....genius!
seawolf, when can we expect drill results for Mount Robinson etc, and how will the assets ex Railway deposit be distributed to ALL the shareholders?
UMC Price at posting:
$1.27 Sentiment: Hold Disclosure: Held