Shagang Offtake, page-107

Just brainstorming potential outcomes if the votes are not passed=

- Shagang begin selling out their holdings in frustration and smashing the share price.
- Shagang can buy out the rest of shares on in GRR and charge whatever the f**k they want on their pellets.
- Grange now pay a larger dividend that in turn benefits both shareholders and Shagang from the increase in profits from market value.
- Shagang can instigate a board meeting and vote out the board. Then we all vote for more Chinese board that will help Shagang even more by passing on more terrible resolutions.

I understand that we're in a difficult situation right now, but the company is also at a turning point in the cash flow position too - with more than 50% of its market cap in cash at the end of this quarter and a considerably long mine life the market cannot keep sleeping on it much longer.

See how management takes this on board.