I think if the share price doesn't start to rise soonish there will be a bid for the company.
I was speaking to some of the techincal people from a large chinese mill the other day and they are adament that there mill will be blending higher grade south american ore with lower grade australian ores in order to maintain the optimum blast furnace grades.
looking at the grades of a large number of prospective and current australian producers they will need a large proportion from higher grade sources such as Cuzco and Apurimac.
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 50000 | 0.075 |
1 | 250000 | 0.072 |
1 | 100000 | 0.071 |
1 | 50000 | 0.070 |
Price($) | Vol. | No. |
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0.080 | 19545 | 1 |
0.083 | 1300 | 1 |
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