Good post Grey Gazza. IO Prices down to 65 a tonne based on less demand and more supply...... don't think so if these guys are expanding. Will cost them a heck of a lot more to run that project then $21.25 a tonne!!!!
As for the share price manipulation, don't know enough about it to give weight to a decent Point of View. But I agree that its happening, looked today and have never seen so many single digit trades.
I also agree with HCD, you have played into their hands. No shame in taking profits though as we have no idea how long this is going to go on for, best of luck. I'm just being patient, no one is getting my shares for anywhere near this price!!!
Hopefully someone can set the cat amongst the pigeons and stop the games. Yacheng believes RIO are looking .... that is a fair size cat!!!! haha.
Ta, Beef.
SDL Price at posting:
45.5¢ Sentiment: LT Buy Disclosure: Held
