There really needs to be a sticky thread at the top of this...

There really needs to be a sticky thread at the top of this forum stating two forver forgotten things

1. The FIRB will not allow Ansteel to but any greater percentage of this than they own now.

2. Every calculation or statement must remember that Kararra is owned by GBG and Ansteel 50/50.

In this case Kararra has spent $2-2.7bn and GBG has a market cap of $500 million.

While it is still a very diappointing ratio it is not the same thing.

cheers
Surly