Ann: Response to ASX Price Query , page-11

well there was a major china steel company "WuHan iron and steel group" that recently pulled out to talks to invest into brazil. WuHan is chinas 3rd biggest steel producers.

can google the key words wuhan iron and brazil for the news unfortunately on my iphone atm.

but yes investing into brazil is a bit too risky atm with whats going on around the world.

And with a big sell off maybe someone knows something we dont and its a good hint if some one sells off as tanking share price.

maybe in a few months we will see a 1.4 level atm there isnt any clear support.

i my self dont like eating lemons, im sure some grabed bargains but in a few months maybe its even better bargains.

but as said this one is still very illiquid and even if brought a few million units... hey if no liquidity how can u unload.....


cash burn still worries me a lot