Re-reading the update there are many possibilities but nothing actual. I guess the biggest dissappointment was that previous memos gave a fairly big reassurance that the contract will be signed with Shougang. Instead all we got was more road blocks. Not saying that the outcome eventually wont be successful but I reckon we are a long way from signed contracts. I must admit it is hard to hold faith.
In terms of the Li side of things - I reckon we will hear something this week as PT tends to update in tandem. Although not expecting anything concrete - like usual. Although oneday we might be surprised?
ADY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
