GRR 1.96% 26.0¢ grange resources limited.

Is FMG interested in Southdown, page-3

  1. 2,798 Posts.
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    As a backdrop, I attach zot value to the Southdown project.  My hunch is that GRR will never develop it nor will they relinquish it.  

    But, if I were a punting man, I would think Sojitz, the holder of around 30% of the project would have some appetite.  Maybe exhaustion of high grade Fe mines in South America might spawn some interest but I think that is some time down the track.  Otherwise, I doubt anyone that hasn't already expressed an interest would bother dealing with an unwilling seller in GRR.

    Have a great day
 
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