quick reply and comp not working. AO re Arrium. The article was...

quick reply and comp not working.
AO re Arrium.
The article was in NZ media and congratulate Todd’s PR.
Sure they go to SA. Generously offer and have the creditors accept 50c in the $.
Guarantee employs a job but don’t know who there boss will be.
Have the FIB accept.
Aussies want to keep the last steel mill I but he will sell off the rest.
I/O mine is not the most profitable for export.
If they can do it good luck.
RE FMS mngt they have to do something, with Nove coming on fast.
They can do a JV like most miners and commit to production.
With OCJ and SH on side Todd’s 20% is not really that strong.
Lets face it OCJ is on the side line possibly checking his next investment but don’t think it’s going to be ARI.
He could have FMS for several more 100m and make bn.
Every month or year he puts it off is a loss.
Cost of port and rail not our concern.