re: Ann: Chinese Mining Fund Signs MoU for St... The MOU is bound to require that the DSO mining reserve reach a hurdle amount IMO.
The real winners today are TRF as their JV share is not affected, ie diluted, and now all Stage 1 funding is secured subject of course to the MOU being executed and any conditions therein met. The IFE shareholder vote is a given yes I'd say.
TRF would have to be a buy now, although the chart looks somewhat odd plus there are wider market conditions to consider right now, ie "sell in May and go away". Actually I'm looking at what best to short should a bit of a wider correction take hold sometime soon.
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