Bullish Sign? - Bounced off 200 EMA, page-2063

Hi Pioupiou

I am very much hoping this half of the year will be so busy in terms of new work that one of the SEEK jobs we see being advertised will be for an ASX liaison officer ;
H1 ( half year one?) was kind of quiet and I think NRW noted in two announcements there were unexpected delays
.... and by Rio’s own expectations they are running a bit late :
ie On May 23 2017 “We are studying Koodaideri and we expect we will make a decision on Koodaideri in the next 12 months or so and first ore will come on in 2021." (iron ore chief Chris Salisbury )https://www.copyright link/business...-ore-mine-development-in-2018-20170523-gwax0l

Plus as you say FMG? I had thought they had cut their nose off with NRW but the link on the UBS report zereal posted on the Charts thread seemed to indicate the broker had a strong expectation FMG is wanting to work with NRW again ...here it is again for anyone interested https://www.fnarena.com/index.php/2018/07/19/nrw-holdings-kicks-off-with-iron-ore-win/

...And despite dong some back research and discovering the long term Greenbushes Talison contract is smallish - drill and blast services valued at $12 million pa ( nice but probably not stupendous as far as share price goes) I still think there may be more to come there as NRW is great at doing the infrastructure work they will be requiring for the expansion there.
And possibly even more work in that direction as the half owner, global lithium giant, Tianqi, (which obviously likes us) will find out in August if it is able buy almost a quarter of SQM which is in a JV with Kidman Resources at another enormous West Australian lithium deposit, Earl Grey .

Interesting times ahead ? It will also be interesting to see how yours and pb’s and the broker consensus analysis predicting the low side of $2 compare with the cup and handle leading to a quickstep “flying saucer”TA suggestion that within 2.5 months we might be looking a more than $2.20 ... which seems to work out timing wise with the release of the annual report expected 22/10/2018
(And a preliminary report due 16th August !)