Might take a while for the full impact to take effect. PA is a clever CEO but also a very good showman.
This statement has some depth imo- "Alongside Chinese investors the ‘resources’ company will acquire new mining projects in a bid to take advantage of depressed asset values in the sector."
I reckon a lot of ducks are already lined up.
Wouldnt surprise me if we get positive news out of China next week on the gas.
Likey to be a popular stock in coming weeks.
IMHO
DYOR
Oscar
LRL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held