On reflection, I was (too) quick to denounce the $4mil payment.
As I've said over many posts, these guys (IMHO) know what they are doing. So why was I so quick to condemn. I, like all the rest, what positive and certain news.
We do know that there have been a number of deals that have fallen through because IOH, yes, IOH have pulled back because they are not happy with the deal.
Please lets all remember, this is BIG business and its not for the faint hearted. KS isn't a billionaire because he accepts everything that comes his way.
Its a dammed hard grind.
So, I have reset and am now viewing things anew.
I feel that RIO are now back in the game with IOH.
There IS a plan, we just don't know it.
IOH Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held