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By our standards there have been quite a few trades so far. Things hotting up. Are we 'very, very close' to a deal as Jim Mellon said a couple of weeks ago? Hopefully!
Haha, nice trade bonkers but no wonder you got a low price trading in those paltry amounts. There we were imagining you were some sort of high roller!! Great stuff.
Er no mate it doesn't leave anything open to debate (other than for derampers). The drilling done to JORC standards shows where the high grade ore starts!
Er no bonkers! The high grade stuff was always at a certain depth. The ore above is currently being processed but is low grade. The issue is that Corica have taken so long to strip away the ground above the high grade ore. As the RNS suggests this is because of slow mobilization of the fleet and training of staff.
I am no fan of Betts but It also strikes me that Corica haven't exactly been performing well, only now getting near to the high grade ore many months after the mine was finished. Diss poor from them too.
With Big Jim saying that a deal to sell CNR is 'very, very close' at last week's Master Investor show, I wouldn't want to be out of this over the weekend! Surely next week.......................