will posco make a bid for gunson as well, page-6

Falcon,
WE are yet to realise the true value, very disappointing.
My hunch is the SP is being held down by bigger players.
Correct on Tilbrook, he wont be selling for loose change, the price will need to be right, not fogetting he holds nearly 30 million.
THere is so much upside yet to be realised, 23 year mine life based on only the proven reserves, they have the inferred and probale to prove up yey, which they will once up and producing.
I have pretty good info, that once up and running, they could double thier capacity if they wanted to.
Based on the numbers, they have a pay back on money borrowed inside 3 years, so most probably debt free in 3 years.
No one is going to buy this baby, without paying the right amount of coin.