NZC
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3.57% 27.0¢ nzuri copper limited

Important Backdrop: Gecamines / Huayou, page-9

  1. binwood
    7,151 Posts.
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    20/03/18
    16:52
    Post #: 31893640
    Huayou are strategically creating a mega empire.

    They have an interest in PLS via a POSCO JV.
    They are supposedly supporting Optimum Nano to buyout AJM
    They are well placed to take out NZC for dirt cheap.

    They have a bigger strategy in mind than simply selling raw materials. A super tax might compress margins to some degree but as you say that just drives the price up.
    NZC Price at posting: 32.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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