GRR 2.08% 23.5¢ grange resources limited.

Southdown Project, page-9

  1. 1,205 Posts.
    The last numbers I heard were around 1,8 bln USD, still a load of money.
    They better sell major part to other investor, and help them as a operator.
    Until now they spent already 150 mln on the project and Sojitz bought 30% for 13.7 mln in 2008.
    I think Shagang had a god vision on pollution in China and noticed 10 year ago already that high grade pellets were the way to invest.
 
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