I spoke to them Parma .... those short people ... (Only in so...

I spoke to them Parma .... those short people ...
(Only in so much as I was another zephyr in that wind  of change that’s part of their weather forecast as much as it is ours.)
Anyway congratulations if it was you who had that order in for 133 shares at $1.69 .
Just a small order it was, but powerful as the sellers seemed magnetically drawn to it.


After this (and I have counted them twice ) there are only NINE more days to go till the end of January.
There are strong expectations  many of the tenders announced on the ICN Gateway page will be awarded in January. https://gateway.icn.org.au/project/...b-cc-1613-mine-prestrip-eoi-31oct18-final-pdf)
This, being public knowledge is the reason I feel the shorters’ forecast is “wind of change”




Meanwhile one of the other things on RIO ‘s mind is a fire last Thursday week at one of it’s ports -Cape Lambert.
Reportedly it started during a routine maintenance shut down by operator, Monadelphous - which is unfortunate for them .
(Despite my competitive streak Monadelphous is a great business and one that I held shares in until recently when the opportunities here were too great to resist )
Luckily no one was hurt .
“Rio Tinto declares force majeure on iron ore shipments after blaze at Cape Lambert”

Peter MilneThe West Australian
Monday, 14 January 2019 1:46PM....
https://thewest.com.au/business/min...ts-after-blaze-at-cape-lambert-ng-b881073469z