Giving the Iron ore majors (and the Iron ore price) a run for their money
Popped 10% today from 5.25 to 5.75 possibly on the back of recent updates on the Onslow project from Minires.
Markets obviously factoring high prob of $1.20 dividend (see previous straw).
I also added CZR here since the company is in discussions on joint development of infrastructure for the Pannawonica (RHI) and Robe Mesa Project (CZR) which will obviously benefit both parties.
CZR is top performer so far as they are currently in discussions to sell their interest in Robe Mesa Project for $102 million to Miracle Iron resources (subsidiary of Shenzhen Naao Jiangian Invest Co (SNIC))
Such a development would probably benefit RHI as well if this goes as planned although the market is still divided on the probability of this being successful and hence coming off recent highs
Very illiquid though so buyer beware (and why not added in Strawman as it is too difficult to trade)
[held RHI]