'Monetising' Bungaroo would indicate they do not intend to mine themselves.
Interesting to note no news on the Extension deposit (Breakaway) in the Central hub, the last remaining holding there. One would think it would be a priority to offload. Surprising really rio didn't take. Bhp maybe???
Given china news, sp may contine to drop away due to nothing more than sentiment. Will be interesting to see how aggresive the buyback is over the next few weeks.
Oh to know what that pipeline consists off..... Agree will be very interesting to see how they utilise their cash in future.
I'd also be very interested to see an updated top 20 holders list. Might make some inquiries....
Cheers, Mac
Please dyor
IOH Price at posting:
$1.53 Sentiment: Buy Disclosure: Held