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MoneyChaser

283 Posts.

26

11/09/14

09:38

Post #: 13957239
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Originally posted by Merleredneck ↑

Summary-
1. It's a financial necessity to get project finance from china to take over minorities to achieve 51%
2. Pay 30c now or pay 1.00 later
3. Why share profits when you have done all the work
4. Asx compliance is a burden, and they no longer need it for any equity raisings.
5. They don't care about share price growth as you do "earner" etc. because they won't sell any. It's china. All profits of sale off take to mother china industry can be fed into zijin mining group expansion.

you ask these question like zijin are a school boy who needs asx and would sell stock as a profit. You don't understand what the big picture is here. China self reliance and expansion into the next super power.

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Pretty much spot on.

NKP Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
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