The discussion for this stock have been escalated in other forums as the initial sales approaching, just would like to throw some fire here, and quoted some of their opinions:
As everyone knows i own truckloads. I am still very confident that soon ( i have been saying that for a while now) we...
How is the distribution agreement with Crossmark Australia go? Is anyone here have some insight of this matter, Director have said the agreement will become unconditional in early January. I am just tired of waiting now.
Anyone into this one?
A simple calculation:
BCI will start production next year in April, and having roughly 89m ore reserve at 57%, the current market cap is 77m.
Compared to FMG, which started production one year ago, have roughly total 4 billion ore reserve at 50-60%, its market cap...
looks like the deal have been made with Chinese steel mills.
http://www.businessspectator.com.au/bs.nsf/Article/China-accepts-33-pct-iron-ore-price-cut---report-TR8NL?OpenDocument
I sold SDL two months ago at the current price level, I miss the 0.18, but I am not going to buy back in this stock in the near future as there is no sign of partner get involved in the project.
Wonder if you guys notice there was a huge Iron ore mine was discovered in the northern China...
Chinalco decide to participate into this rights issue at the last minute, does that mean something to the SP of RIO?
http://finance.sina.com.cn/roll/20090701/01212923592.shtml
This page is written in Chinese
I am not going to vote for those guys, just look at the fact of the recent share price dropping, we as small shareholders are getting hurt.
First, I don't think them have gave us enough substantial reasons why the investment in the African is bad. Even African is a somewhat remote areas...
I am lucky for holding cash at hand recently wondering between a few stocks to jump in again, such as GBG, SDL or BMN, finally, I voted for CFE, at least it is a safe play, brought some parcel today, it is just a matter of time CFE will go back to 60's.
Even the Chinese news website has announced the joint venture between the Russian and MCC. I just do not understand why CFE have not put an announcement yet, since they should notify the ASX as soon as they receive the money. Did something go wrong there?
I felt the danger and sold my shares...
Consider the fact that the 87m tax will not be paid until June 2010, the 65.5c share price per book value I have calculated previously is undervalued.
Ignore other factors, just account for the money MCC paid for the project, 240m + 80m +60.5m - 0.5m - 38m - 70m (which is the discounted...
Hi, Mr,
My calculation is different with your figures, please correct me if I was wrong:
Step 1, calculate the net proceed from the project
Total Consideration: 240m + 80m + 60.5m (which is discount value of 80m in two years as according to the pro forma balance sheet) = 380.5m...
Do you guys have any idea of when the share holder decision will be made? In the announcement, it said in July, but did not specify the date. BTW, why I didn't receive a notice of meeting, because I am just a small investor?
Once the share holder approved the deal, the Chinese government will...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.