IMO there has been a bit of a change in this latest announcement.
There is no half true headline screaming out at us. There have been admissions of what has not been done so far.
And at the end the XRF scanner gets its own section.
It may be a subtle change but it is not what WM usually puts out.
Not related to this announcement but something that has puzzled me lately is Sino's involvement. They have built many plants and even run some mines themselves and have a JV with Rio.
So Sino have a lot of experience in building plants and running them. With that in mind, you would think they would be extremely frustrated with the progress at Rocklands and particularly when you consider they are also a shareholder. I know that I have raised the Chinese in the past but when you look at the big picture, the only conclusion you can make is Sino has an end game plan. And I doubt it includes a few of the current CDU mgt. I suspect a changing of the guard is close.
CDU Price at posting:
$1.41 Sentiment: None Disclosure: Held
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