Peruvian iron ore deal a company maker. Expect announcement on due diligence any day now.
Very tight cap. structure 44 mill shares , Chairman ex. Rio expl. manager knows what he's doing (shades of Gordon Toll)
Would not wait to buy for cap. raising as will be impossible to get- possibly trade deal.
Note opts have lagged on occasions & offer attractive entry ( 20 cent exercise June 2008)
IMHO
