Recent content by gfu

I heared that the new CEO restarted negotiations with parties for financing or takeover. Timing should be perfect after price raise of DR pellets.

MR. Have you also calculated their NPAT with this new pellet price, knowing their cost is US$ 52. The outcome is >US$ 957 million bottom line, marketcap now $ 170 million. It seems that very few people are aware of this at this moment. NPV on operational basis will be > $ 2,5-3 billion one day.

Thanks for respond. I agree that there is some reluctancy based upon Magnetite or Hematite, however main reason for slow performance to my opinion might be a combination of bad PR work and their timeschedules which they do not hold, fe JV partners to be launched mid aug 2006, they announced...

Dear Grange stakeholders. Since the news about the Rio stake is out ( in my view a win win situation ) the stake is only going South, inspite of a strong recovery of all junior miners. It was down in 3 days from $3>2,10 and doesnot move above $2,30/35 the last couple of days, inspite a very...