ARI shareholders should Email PM, page-49

Dear Australian Federal Police, Hon Malcolm Turnbull, Hon Peter Dutton ( Because Peter Dutton is the only MP that knows right from Wrong ) And Minister for Industry and Treasury.

I believe an immese Crime has been Commited with 4 Billion dollars worth of Arrium Shares being stolen from the shareholders of Arrium (ARI).

The Government wanted the Arrium steelworks to be upgraded, even though the Current Blast Furnace is serviceable for another 10 years. The Government allwed Chinese steel Dumping into Australia with zero tarriff even though the UK PM David Cameron warned the Australian Government at the 2015 G20 that allowing chinese steel dumping is Illegal.

2 weeks after Arrium was laced into administraion, Christopher Pyne placed 50% tarriffs on chinese imported steel. And then the Government started buying steel from Arrium for Government Projects.

The Government wanted the Arrium steelworks upgraded to generate electrical power from the blast furnace for South Australia.

Arrium while in Administration is meant to be restructured during Aministration and relist on the ASX. Arrium is earning 400 Million per year currently. By Comparison Bluescope steel is trading at $14.50c on the ASX on a price to earnings of 11. Arrium steel is currently earning 400 million per year and value based on a price to earnings of 10, makes the company worth 4 billion dollars, and that is 4 billion worth of shareholder value.

But the Government has conspired with the Banks and the Administrator to only allow an overseas buyer Gupta to buy the entire company for peanuts because in the terms of the FIRB approval he will upgrade the steelworks. And that was the Political objective and in the process 4 billion dollars of shares have been stolen from the shareholders of Arrium ARI.

Arrium went into administration because the Government was illegally allowing Chinese dumped steel into Australia and the Government wasnt buying any steel from Arrium for Government Projects, this is Unjust and Immoral.

The Administrator has an obligation to return the Company to the shareholders, The Iron ore prices recovered from $35 per tonn to currently $65 per tonn. There are now 50% tarriffs on Chinese steel imports and the Government is buying steel from Arrium for Government projects. Arrium is earning 400 million per year currently and the Company has a tradable valuation of 4 Billion market cap if it was allowed to lift the trading halt and trade again on the ASX.

The administrator is Mark Mentha, and the Administration fees he charges is $1 million per week to do the Administration of Arrium, they have had Arrium in Administration for 15 months on fees of $1 million per week.

Assets of Molycop have been sold for 1.6 billion reducing the debt and the Company is currently in a position to earn 400 million per year and pay out all remaining debt in 4 years.

The Current Blast furnace is still servicable for another 10 years, The Arrium Shareholders should still have ownership of Arrium steelworks.

We are talkng about a 4 Billion dollar Robbery, that the Government, Mark Mentha and the Banks and ASIC have all Stolen from the Shareholders of Arrium ARI .

Please I beg you to please make sure Peter Dutton reads this letter, because he is the Only MP in the entire Government that Understands Right from Wrong.

Laws can be twisted and thats exactly what the Government has done, and its what Kordamantha has done, using Laws and twisting them to create very terrible outcomes for innocent investors.

But Laws are meant to uphold Right and surpress Wrong, So either way you look at all the laws you are twisting, the Right thing is for Arrium shareholders to retain the ownership of the Company Arrium steel because we Bought it, we bought the shares. We are the owners of Arrium steel and it has a Value of 4 Billion dollars and that 4 Billion dollars has been STOLEN from us.

4 Billion dollars worth of Arrium Steelworks Company ARI has been Stolen from the shareholders and that is illegal, because the Administrators role is to arrange the company to be relisted.

Molycop an asset business owned by Arrium was sold for 1.6 Billion AUD net of fees, and that reduced the debt load significantly.

Arrium has earnt 500 Million since being in administration and hasnt paid dividends so that 500 Million is in Company holdings.

There is 1.8 Billion of Tax losses that carry forward and that has a cash value of 30% = A cash value of 540 Million worth.

There is 17 Million Tonns of Iron Ore stockpiled worth 40 dollars a tonn worth 700 Million.

The Plant only needs a 1 Billion dollar upgrade and the current furnace can last another 10 years, long enough for Arrium to pay out its debt and save up for an upgrade to the Plant Furnace.

FOUR BILLION DOLLARS worth of ARRIUM SHARES have been STOLEN from the SHAREHOLDERS of ARRIUM.

You cant brush this under the Carpet Malcolm Turnbull, I know you werent PM when Arrium was placed into Admin, but you cant be so Ignorant to ignor this immense Theft from Auatralian Investors.

Fix it, you are a QC, you should know Right from Wrong.

Please make sure that the Federal Police and Peter Dutton read this Letter !!!

Regards