From Bloomberg Site:
"China will close between 100 million and 150 million metric tons of annual crude steel capacity by 2020, according to an outline published on the website of the State Council on Feb. 4."
"Zibo Hongda said it will try to raise money through multiple channels to repay the debt, according to its statement. Two calls to the firm’s main number went unanswered Wednesday."
Is Zibo Hongda the CEO of Shandong Hongda Mining Co Ltd?
Just brainstorming here: If a company has an unpaid debt (assuming Shandong has debt), and seeks to allign with Jagex, wouldn't they try to get the money they need for THE DEBT, and then drop Jagex like a rock? In other words, we'll see a short term increase of x1000 of MTX, and then the mining company will sever ties.
16-Mar-2016 03:54:58
- Last edited on
16-Mar-2016 03:55:12
by
Alpha Trion