Xstrata hopefully. They are such a stingy bunch - perhaphs senior management have finally decided to give up the game and acquire the feed for their plant? Would it not be better to buy up Roseby resource and feed it into the Xstata plant than to burn through a few hundred million building a new plant? Who knows - what a meal once again by the URL management. I see that they will hopefully lift the suspestion on Friday - that is URL's favourite day if you look back in time. Always a stupid dam Friday - just in time for the next market downward swing? Hopefully not - but this is dragging out. 3.5 years of this - slow going indeed
URL Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held