RE: so 0.172 is the mms support... could be upside from here...14 Aug 2019 11:07
I think the more relevant scene is later when he lifts the platter up in the restaurant believing it be duck - but finding blancmange instead. Then looks through the blancmange for the duck in disbelief. Sums up the last day
It specifically says Acquisition - which doesn't sound like cambay. But they don't have much money so I have no idea what this is about. News about Cambay would mean they had the cash for an acquisition. Buying cooper basin wouldn't need a halt as it didn't last time. Hmmm....exciting though.
Oilex Ltd (Oilex or the Company) advises that it has requested and been granted a trading halt on the Australian Stock Exchange effective from 13 August 2019, refer below. The acquisition, should it complete, would be deemed a Substantial Transaction pursuant to the AIM rules.
Their business plan as of June this year plan adopted 2019-06-17 16:01
LKAB will become a stronger and broader company, which is the core of the new strategy that has now been adopted by the Board. - We have developed an offensive strategy plan with major challenges in exploration, technology development but perhaps above all to continue to develop our most important resource: our employees, says Jan Moström, President and CEO. Content LKAB will play an important role both as a supplier to the steel industry and to Sweden's industrial and regional development, and to make sustainable use of Sweden's iron ore resources in a sustainable way. To get there: To be a safe workplace without accidents Doubling mineral resources through exploration Improve productivity by 40 - 50 percent Have a business that does not generate any carbon dioxide emissions Expand operations to areas where LKAB's core competencies can create value This is to make LKAB a stronger, wider and more sustainable company with safe, efficient, profitable and carbon-free production that can handle fluctuations in the business cycle and market. High-quality production and climate-efficient products and a strong financial position are forces already in place. - It will be a challenging job to achieve our strategic goals, but I am convinced that sooner or later we will get there, says Jan Moström. The ability to adapt and adapt to changing external conditions and to new methods for mining at great depths will determine LKAB's future competitiveness and create the conditions for continuing to invest and extend the life of the existing operations in the Malm fields. Much energy will be spent on exploration to increase mineral resources. The iron ore business will be complemented by other activities, for example through ReeMAP, the extraction of phosphorus and rare earth metals from residual products.
"But it is also planned to take place through new acquisitions of companies." Once the licence is awarded they will be after BEM like a rat up a drainpipe....