SHD 0.00% 2.7¢ sherwin iron limited

I totally agree, as did the two buyers who swooped in for 30k...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,156 Posts.
    lightbulb Created with Sketch. 1
    I totally agree, as did the two buyers who swooped in for 30k and 100kafter the announcement

    This answers alot of questions for me and I'm very happy with management. I think we will see plenty of good news this year.it doesn't doing like that plan to do any capital raising using this 8 million loan and revenue from operations for Cash flow

    http://mobile.abc.net.au/news/2014-01-02/sherwin-iron-borrows-millions-to-expand-roper-river-mine/5182286

    18 million tonnes over the next 6 years at today's iron ore price is about 2.4billion dollars. What would $400m per year in revenue do to the share value without cap raising?

    Can anyone explain Jerry rens 502m indirect shares? His total holding
    Is 561 million shares @ 0.125 cents which is $70 million approx. crazy.

    Also he owns 73% of SHD.

    I assume this is a good thing for us holders.

    Someone please correct me if I got it wrong but things seem positive for SHD.
 
watchlist Created with Sketch. Add SHD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.