re: Ann: Directors acquire Cazaly Holding in ...
That's right, px steels grip is tightening to around 30% or so and that IMO is good for us. At the end of the day they buy in at 20c the sp now is 12c once their in they won't loose money which means IMO buy up now whilsts it at these prices.
Let's not for get the new director that just came on board is a director of px steel. Px steel have long term supply arrangements with fmg and rio. Fmg and rio mines are in very very close proximity to our exploration which we own 51% of.
Does anyone else see this company being steered purposely towards fmg long term considering our new dire tor from px steel and their close ties with fmg and rio?
Sure, we are a take over target but by the time that comes and we have proven our huge resource that can have my shares for a 1$ plus
Anyway looking good and strong my friend
WFE Price at posting:
11.2¢ Sentiment: Buy Disclosure: Held
