re: ripped...grange?? The project has been around for a long long time with various owners(I remember it from early 80s when John Messara of horse racing fame had an interest in it)-the prevailing iron ore price gives its best shot. The company is puting out regular detailed releases and these should be a good guide. I have no particular view on it.
The Chairman is a lunatic Belgian who influences a number of European investors, and was instrunmental a few years back when it became a dot bomb for a little while("Surfboard"was the name before it went back to be called Grange.
Still has a couple of gold royalties from some of the old Plutonic operations up at Marymia, and the QLD operations at Thalanga have now finished.
The main thrust is Southdown, and I really cannot help you here.
Cheers,TAS
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