hi jb1972Certainly Hanlong are splashing money everywhere they...

hi jb1972

Certainly Hanlong are splashing money everywhere they can so me thinks they like to stretch things out.

However certainly news updates are overdue. Spinifex infrastucture developments are on fast track and certainly they want to do much more before the rainy season sets in,
so certainly the need for speed is there.

As for the iron ore exports they appear to be increasing in volume so these are excellent results for some cash flow.

Price of iron ore up last I heard about $175 tonnee and good to hears Molybdenum prices making good gain on LME up to US $15.40+ lb. All news is at least positive.
Maybe the next bit of news which is well overdue will clarify what is really happening. Its been a while.