a little research ... well well

Was tracking down Ian Macliver's email address this morning to enquire about a few things when I had a browse of Grange's website and their porftolio.

www.grangeconsulting.com.au

They handled the Manhattan Corporation. ASX: MHC

This was another shell play whereby MHC, a listed uranium company was acquired by Uranio back in July 2009. Think at the time of the merger, the new company was valued at around $9.5 million or so. (rough figures , dont quote me)

Company was called Manhattan Corporation Limited and listed under MHC.

They also then shortly after farmed out their gardner range project to who ... NTU

Grange did most of the consulting work on this one. They formed the initial shell and acquired a uranium project from Deep Yellow for manhattan , before it was eventually taken over by Uranio.

And today , MHC market cap is $128 million.

So along with RNI and the other shell plays , we now have MHC as an example of what can happen to a well structured shell , with the right money invested and hot projects.

If Grange can repeat what they did on SLT ... alot of happy holders

(if any of my back of the napkin figures are off, please let me know)