Mate if every stock I bought went up on good news I'd be a rich man, but I'm not.
Regardless, as money comes in, the market can't deny this and our MC must move up.
This is probably a dumb question, but is there any reason why GWR doesn't go into similar contract such as with Pilbara on this first 1MT and just do a shared profit arrangement? At the moment it seems we just want to get the IO out of the ground as soon as possible. I know its easy profits doing this and if we mantained a 70% share, caveat of at least $10 a tonne profit, couldn't we start looking at the satelites to bring more production onboard now by same arrangement as Pilbara? Or is it because of the port situation and what they can secure for shipping that is holding this back?
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Mate if every stock I bought went up on good news I'd be a rich...
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