Can't say I blame so many SDL holders for their patience wearing thin & wondering if the drovers dog is busy right now? But try & remain positive - surely things can only get better for a big opportunity like this one?
Here's some positive comments about China & its IO appetite that I noticed & re-posted from the AGO threads today. It focuses on Aussie IO, but the implications for Africa are clear, and it might help to maintain a little more optimism for a 2013 resolution? .......
"Went to a very informative lunch held by certain big four bank yesterday on China and the banks views going forward. They have held this lunch in Sydney and Melbourne as well and some here may have also attended, yesterday was the Brisbane event.
All up 6 speakers from varies industries all with a similar view, China will continue to grow at around 7% for the next 2 decades. China is adding an economy the size of the UK every year and looking now to develope the western side of there country where the labour and industry is cheaper.
Iron Ore prices wont be at the peaks of 2008/09 during the boom but will hold and plato around these levels or a bit lower.
Overall the general view is that China is now looking to develope those second teir cities which I might add have populations of between 1 and 5 million, some the size of Sydney alone.
Aussie Iron Ore has a long way to go yet, not to mention the huge growth in South East Asia, Thailand, Malaysaia and India".
Can't say I blame so many SDL holders for their patience wearing...
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