new video presentation jv with anshan steel, page-7

That's true Denial, while at the same time though whatever the trio manage to negotiate through their antics will help GBG's pricing of product that they sell to Ansteel.

GBG's current market cap is less than Ansteel's buy in price into the Karara project. In a roundabout way, this means GBG's 50% share of the Karara project is going for free, all their other deposits and tenements are free, all the work done to date is free and all the upside from here is free.

What does that tell us about the price at these levels? The market is willing to pay less than what Ansteel has paid just to buy into KML and I thought Ansteel got that at a cheap entry price considering the inground value of the Karara deposit alone is in the $billions.