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Re: SittingPretty post# 2294

Wednesday, 02/19/2020 7:08:49 PM

Wednesday, February 19, 2020 7:08:49 PM

Post# of 7848
Thrifty, one other thing I’d like to get your input on if it’s no trouble to ask. It seems like there is a real possibility that the Coronavirus will spread around to at least a large number of Chinese citizens as well as to neighboring India which if I’m not mistaken is where Tata Steel is also located. If this spread becomes significant, do you foresee this opportunity for Labrador to be put on pause again?

I am concerned that regardless of buyout or if the owners decide to start up production again that the Chinese markets who were there prior customer for purchase of the iron will not be as interested in iron, as well as a parent company delaying buying us out if that is what is being planned. Realistically, I would like to see something happen this calendar year as would most of us and it would be a shame if this potential pandemic might delay this from happening.