I honestly think this last announcement regarding issues with RIO and IOH is a political play for a bigger move.
My last and only post commented about the possibility of the deal not comming off. I think they started to soften the blow with the announcement on the 20th of May. Second last sentence in the paragragh titled Rio Tinto Agreement. This sentence was the first time IOH had offered any negativity.
I have been holding this stock for quite some time and have followed it closely.
This stock may be in for a bumpy ride over the next 2 months but those who hold I believe will be rewarded.
Big play to be had. Ties are strengthing with Stokes investing 250 million into the China Fund.
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