-
Share
12,407 Posts.
85
17/11/11
11:54
Share
i think you mean the offtake agreement.
that never fell through, they rejected the terms.
kudos to them. they have done well.
this is going to offer a big ROI at these pathetic prices.
today, technically, ST resistance likely at 36c, but a return to 50c over the coming days is possible based on the descending wedge.
long term, sub 100m shares for an iron ore producer means potentially multiple dollar sharevalue.
we would miss all that if Hebei took the lionsshare
-