Ann: Grange Re-acquires Interest in Southdown Magnetite Project, page-23

What a bummer, the 1 party we had who would join us in the SD project has left the building.
The SD data room has been open for years, all parties who would be interested have seen it and left the room without taking any action.
Sojitz stopped believing something will come out, so why keep on paying to keep this project alive..(care & maintenance)
Take a look at the IO price average for the last 10 -20 years...not more then USD 100,- then a project like SD is not attractive, if prices would ahev stayed at last years level of 200 usd for at least 2-3 years maybe then people will be interested..( look at HIO...also shelved and dead in the water)
GRR a good company but overvalued at these prices...time will tell when new shareholders will find out..good luck to you all