Our management is tied in with the hedge funds. Otherwise sir Richard would still be at the helm.
Baosteel does not care, all they care about is having our ore tied up with them and they have already done that.
Contrary to you Targa, I am not all that happy about our recent fund friend. We are being dilluted and especially hurtfull is to all those people who invested in this company at 3 dollars or more.
My long hold average is just below two bucks ( not counting the short term trades) so I think I have a fair chance of making a profit on those. Per TooHot's post the funds are mostly invested in the sub buck level and would be happy enough to sell us out at two bucks or a bit more if it is not in too distant future.
To all the longs that invested above 3 dollars, this is your chance to average down for a profit instead of a possible loss. Play it save and assure yourself a profit and if things turn out well ( infrastructure announcement), a heafty profit. But to not bet your life's savings on that possibility.