Hi Fontenay,
I've also traded this stock in the past but have become disappointed with it over unacceptable pay rises.
Spinifex Ridge still has considerable potential to be a major company maker for the company for molybdenum and iron ore.
For the company's sake and also Australia's, lets hope Hanlong can get the go ahead. The recent raisings should also be helpful.
But until approval is received, debt is still a dirty word.
DYOR
