If Grange can make $60 million profit (NPAT) in six months...

If Grange can make $60 million profit (NPAT) in six months producing just 1.2 million tonnes, then think how much profit Ansteel is making with the current iron ore concentrate price still sitting at US$145.05 /tonne.
AUD$200 /tonne. http://www.custeel.com/en/csi.jsp
Dopey GBG shareholders sell their shares for a pittance,  will they be sucked in again by GBG management again?
Not likely. I wouldn't touch any stock that  GBG management are involved in, EVER.