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I know we are waiting for international deals but that just doesn't strike me as a bad RNS. 15.4% increase in gross sales plus an 18.9% increase in average orders. I'm thinking it's worth dipping my toes in. Hoping for a finish above 280. Good luck all

Similar views I guess - short term news? Possibly not a lot coming but main reason was looking at the chart. I wanted 75p to hold and when it dipped to 72 yesterday I made my mind to jump first thing. (Or at least as soon as I could get a quote). Will now try and sit on my hands but I will be back in at some point. GLAH, Matt

I have confirmed that I am the worlds worst trader......

Ta-trade you may well have judged this perfectly - fair play.

Some of that maths seems a bit wayward but hopefully you get my point. Now please get back to 75p! Matt

I have considered this myself I must admit but possibly only a cursory thought. My basic logic says someone with deep pockets could have enough to pay off net debt $753 in last half yearly report and offer (for arguments sake) £1.50 a share or about £900 million quid. And this is just quick notes so no nitpicking Granto! :-) If you have $2billion to spend you could attempt to acquire an outstanding asset that in 4 years could be generating a comfortable $300million a year profit. you would have almost all of your outlay back in around 10 years. And then you have a debt free asset worth even more to sell on....... If I had the spare cash...... However.....if I owned Ferrexpo - and it would appear Fevamotinico s.a.r.l own 50.3% of the business and CERCL holdings own 23.8% of the business......I would be thinking the exact same thing. i.e. With careful management we can negotiate this debt and really be worth something a hell of a lot higher. Now - at this stage I don't know what price these guys paid for such substantial stakes but I would imagine they are looking for a decent profit on their investments. In my mind there is nothing to stop someone making an offer for the company but I don't see it as very likely and certainly not just to shut the mine down. Just my thoughts you understand.... Anything to add? Best, Matt Ps. It does strike me that those holdings are fairly substantial - not too much available as free float? If only...

A lot of miners were down yesterday but this held very steady - today not so much. Having said that it's another bad morning for miners all over. Will take a look at iron ore price.... Matt

It is somewhat bizarre - I can appreciate a low target price from a year ago but to take no notice of the debt reduction, increase in production, increase in iron ore price and appreciation of FXPO's premium pellets is ridiculous. This company has debt (lots of it) - But it has a lot less than it did have so the future is looking a lot brighter not worse! The debt pay down has been efficient and without fuss - this company has the potential to throw off lots of cash and at current pellet prices I hope it's doing so! This remains a recovery stock of the highest order in my eyes BUT as other posters have pointed out there are likely to be a few bumps on the way up. Best, Matt

Nice digging Granto - and like you say well worth looking into. I'm still researching and re-reading the last statement to ensure I'm comfortable with my investment. I am but am virtually "all in" so find myself up for 8am each morning whether I need to be or not. Can't explain the little dip this morning by it always tends to pick up (kiss of death there) - I just want to see us comfortably over 80p! Either way, I expect this to be well over £1 by Novembers production report and further up by Febs end of years. Let us see.... Best, Matt

And Deutsche bank from weds 6th July reaffirms its buy rating with target price raised from 105p to115p. Now we know not to take these things too seriously but either list them all or don't bother. Looking forward to the next update, Matt

Fascinating how Macquarie can reiterate an underperform rating and target price of 20p and it gets updated straight away. Recent upgrades in broker ratings to 117p ( Cantor Fitzgerald) BUY (reiterates) from the 8th August have somehow not been updated on the same page. Not good enough LSE PS. Granto are you Granto2 on ADVFN? Some decent stuff written on there - particularly about ferrexpo trying to negotiate a fixed premium for their pellet product?

Net debt to EBITDA has fallen from 2.8 to 2.5. For the second half of 2016 the debt amortisation due is 76 million dollars vs the 120 million dollars FXPO were up against in the first half of 2016. A storming July and August could cover this enabling the remainder to give a serious financial safety net. Let's not forget this business has been going for decades now and has got through some massive dips in commodity prices. They invested specifically to protect themselves against any commodity downturn and are a very low cost producer. I would think they are looking to re-schedule some debt and if/when achieved I want to be holding. Best, Matt

I hope so - and the fact that we are selling a premium product should hold us in good stead. The 2 billion dollar investment will hopefully prove to be money well spent. Ps if someone could pay 80.25 I would feel a lot better Cheers

My purchases at 11:37 and 11:38 haven't been reported yet. They were definitely buys! Cheers

After a week or so of consolidation and a clear reluctance to dip under 75p, the chunky buys (and buys vs sells - although equal seems to indicate people are willing to pay a higher price today) have encouraged me to re-enter the fray. Clearly I am the worlds worst trader after selling at 77.25 and paying almost 80p to get back in. Having said that I did survive the week without looking at the sp every 5 minutes. Added to that I'm hoping some Evraz money pours in here over the next few days - that's had a tremendous run but debt is massive and their recent results seemed somewhat underwhelming. This has lower gearing and in my amateur view has further to run even before the next production update. I've almost managed to convince myself already.... Best, Matt

At 290 something - 292 after costs. Seems to be holding pretty steady but have a pretty tight stop just in case. Best, Matt

Granto (and anyone else), Do you have any thoughts on his current tactics? I must admit I've tried to see where Ferrexpo operate exactly and I couldn't see very clearly on the map (on a phone admittedly). More scaremongering or worth taking into account? Any thoughts appreciated. It probably wouldn't make me sell but I am currently "out" and this makes me just a wee bit more cautious about jumping back in (or when to jump back in). Best, Matt

Granto, Well chuffed with that - most grateful to you for taking so much time over your response. Hoping the iron ore price holds firm, Kind regards, Matt

Makinhay, Cheers for commenting - it was worth doing just so I had more faith in my investment. Bid seems to be fairly steady at 78.50. Exactly what it opened at this morning - (see first trade at 8:00am) Steady as she goes...... Cheers

jeez.....how long ago exactly? 5 years?!!!