BB...Personally I think the joint venture would discourage a...

  1. 2,919 Posts.
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    BB...Personally I think the joint venture would discourage a takeover.
    Just hope stability continues in the region.
    Looking forward to last quarter of this year after DFS comes out and maybe then some finance coming through.
    SP has been looking sick last few days and seems to be heading further south.
    Surely it can't break the 25c placement price but world markets very volatile of late with China having some problems and commodities very weak so nothing would surprise me.
    However perhaps in 12 months time if everything goes according to their plans the sp will be up around $1 plus and everyone will be happy.
    Couldn't resist selling my holding today as I think I can buy another core holding much cheaper to keep for action later this year.
    That Danakali express of a few weeks ago has run out of steam of late.
    Cheers,Boy in Blue.
 
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