GREY:ADEXF - Post by User
Comment by
VENManon Aug 12, 2012 7:26pm
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Post# 20209474
RE: My $0.02 worth
RE: My $0.02 worth Thanks for your post. i just wish i could explain things as clearly as you have.
I'm long and strong AXI bc i just don't think XDIP and or Fulon will walk away from $50 per tonne Iron Ore cost or lower. Now that the FS has shown this to be the case, I won't sell shares no matter what the market wants to do with the share price. The way I see it, If they don't want this deal then go pay $115 per tonne. I just can't see them walking away from this. If it was me I'd develop the dame mine and get my Iron Ore cost way down. To me its a no brainer but the markets tanks the share price so what the F do i know!
Good Luck to all !!