something fishy: perhaps china t.o ploy ?

  1. 10,494 Posts.
    Shareholders have some serious questions to ask of Centrex management.

    Just as the MRRT will be torn to shreads after this Saturday and IO price is stablizing (rather than $US50/T as many pundits predicted for now - it is inching beyond $US140/T and stablizing), the Chinese decided to put Fusion (which was touuted to be on the verge of a decision of a mining plan) suddenly is back to pre-fesibility stage ??

    Excuse me !! on the basis of IO price stability ?

    Looks like the Chinese "may be" creating the conditions to extract concessions from Centrex Metals in preparation for a corporate takeover within months.

    Winding the clock back by 12-24 months. Management bending over forward for the Chinese ??

    Something is not quite right IMO.
 
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