Tsingshan, they are the Boss of POS now, AF is in on it.
DS told us, he wants the NP to go lower so producers like BHP FQM Glencore close shop & POS restarts (with chinese funding after US funding is paid off)
Tsingshan -
4000 employees, US$2B annual income, largest steel miller in China
2 deals with POS ignored by the market
Tsingshan controls buying of ore from SS & LJ ( the 2 low COP restart projects)
POS SP suddenly lower on expected news & lower NP
POS deal with JB at 9c for all their debt & CNs...wow! Record breaking deal better than those of FMG MBN AGO and many many others with better larger teams of experts with 1000 times larger MCs.
Who are they, are they another Hunan Valin like for FMG.. YES!
Who set this up, who has contacts with the best steel mills in china, who has been in china 3 times this year = AF!
http://www.tssgroup.com.cn/en/
What is Tsingshans agenda, why did POS team fly to China and sign deals which wont go anywhere according to you lot, what other deals were discussed but not signed?
What if they discussed this:-
- lets do another Lionore & Norilsk BHP competitor miller in Australia but this time it wont cost $6B but $0.0025B ie $2.5M and its COP wont be 8.5uslb like NPI or $6.50 like BHP but 3.00uslb or less!
- lets circumvent monopolist BHP and all their OZ mills/smelters/refineries
- lets set up a larger miller in POS to take on BHP as Norilsk tried but failed to do at dirt cheap capex that BHP cannot match
- a 3 Ni province that corners the global market
- DSO of NI! unheard of in Ni! A world first, chinese stunned
- 12.2% grade v NPI 0.3% grade, thats 41 times larger grade than what they are used to on the mainland
- 2 large cheap mills at LJ BSwan, Tsingshan has these LJ & SS tied up already with deals
- BSwan mill, who can Tsingshan convince to toll there instead of with BHP to break its monopoly? WSA, MCR, PAN POS?
Even Collyn told you,
make no mistake, Tsingshan is running POS now with AFs approval. They are the buyer of all of POS mined ore, thats why BHP lienster got shafted deliberately so the chinese could do it instead. Thats why JB has taken 9c at half the debt so someone else can take those shares?
Who has a spare $17M to buy POS shares at 9c other than AF FMG or Tsingshan? Who?
This has been set up in secret and you guys are not reading it at all.
POS is a future large miller & producer, 3 times larger than SIR or WSA can ever be,
just have to wait and then you will see the plan more clearly. Add up the dots and read between the lines. Use the force to see what they are doing and with who. 5c wont last, take it while you can.
While you are all arguing ducks and drakes over $1M, the chinese are in talks over a $1B venture in Australia, Jinchuan hasnt been able to do it, but Tsingshan can and will with the right partner in AF & POS.
Buy another cheap defunct mill near W and connect 3!
No one believes me, Im glad!
Next year you will eat my dust if Im right.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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38 | 37235925 | 0.003 |
20 | 32550974 | 0.002 |
18 | 25100201 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 29408042 | 20 |
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