some thoughts, page-8

And there is currently only one wire producer in Australia who is struggling against low local demand and imports from Asia. Wire production is not that lucrative as a wholesaler. Wire is charged for in two parts, a) copper at LME prices in US$ converted to A$ so no margin there and b) conversion cost of drawing wire and adding required coatings. Conversion cost is not high.


ROH have the company applied for a change to the mining license or have you forgotten that they have a 3 mill T limit ?

Perhaps you or WM should read the listing rules for Hong Kong, minimum profit of HK$ 50 mill in the last three years with at least HK$20 mill in the last twelve months. It does say that the exchange can waive the requirements but can you think of a reason why they would do so looking at CDU history of not meeting commitments and lack of transparency.

https://www.hkex.com.hk/eng/listing/listreq_pro/listreq/equities.htm


So ROH seems to be back to the diversion tactics on his very first post back.