The rubbish trading today and over the past few weeks on low volumes tells me the proposed CR may not be far off and may even occur this week or the next. The only thing that may stop it is a supply or other decent agreement with Gerdau S.A, but who knows if or when that will occur any time soon. WG also needs to keep his mouth closed in my humble opinion. His ability to make claims that don't come to fruition (JV agreement within weeks) are not helping the SP or the credibility of the company, especially in this 'get rich quick' market that we have been experiencing for the last year and a half. Man this continues to be a frustrating stock. Rant over.
All in my humble opinion. DYOR
Mr B
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