opr sinosteel, page-27

picked up some on the close this Arvo.

Ladies and Gents , We have a commodity which the world needs , we are close to production.

Granted we have a blowout but I'm in this one for the longer term, and feel it will prove to be a good buy into the future.

AGO exports 6million tones PA, ramping to 12 end of next year, from there they go to 22 mpts.

MGX is ramping to ten million tones, currently doing around the 6

AGO trades @ around the $3.5 mark
MGX around $1.75
And most feel these companies are totally undervalued looking at the cash they will be bringing in.


Makes me feel GBG @ 16mt with 50% foreign owner , will eventually have its day.


MMX now thats a different story, glad I'm away from that .

Cheers
Snake

DISC I Hold GBG, AGO, MGX, GRR, NKP and IGR