Thanks for that PeppieI think this means Ferrous would be valued...

Thanks for that Peppie

I think this means Ferrous would be valued close to that July 08 placement price which probably means an over valuation.



Anyway, the discount to NTA at 50% makes this attractive still even if somewhat tarnished by Ferrous probably above realisable value.

p.s Noticed there was a special sale of 8 million odd RIV this week around $4.50. Some chance this could be LRF.