crikey . . . . . 16c!!!, page-9

Well, This is a disaster no doubt about it in my mind.

Its always darkest before the dawn, but this is like Chinese water torture.

There is always people that know whats happening and its impossible to keep secrets. The market is clearly saying something stinks IMO.

Given the current price of Fe and the A$ and the estimated costs provided by the company this company should be looking at about a 7c EPS for the year to June 2014. Provide the A$ and Fe remain around current levels. That its now trading about 15.5c is mind boggling. That's a pay back of just over two years on purchase price right now. Current forward PE of 2.

Right now I would be very happy for Ansteel to put GBG out of its misery and make a T.O offer.