i purchased a parcel today at 64c...When ansteel make their...

i purchased a parcel today at 64c...When ansteel make their final capital investment in Oct this month, this stock should rock... Remember, the karara project is fully funded. GBG plan to use Ansteel finances to borrow their portion of the equity amount for the project. It is part of the deal.. I figure Ansteel has more to lose than me! ha ha. The chinese has planned this for long term supply, and have invested alot of money already, i don't think they would walk away. Also, $70mil of items are on preorder for the project.

I will wait for it to fall to 50c to top up...Remember, if all goes well, production commences in late 2009