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Does anyone else agree that the report is limited ? I can see from our turnover in tonnage sold against our revenues from sales that we averaged $84 a tonne last year . Yet costs C1 were $32 so we had a tidy profit of $52 a tonne , that's $550m profit Before interest etc . I am not an accountant but the figures seem wrong to me .

why does the CFO tell us the cost he is achieving for 62% fe pellets. when 95% of our current production is in 65%fe pellets. and last year 2015 that made up 80% approximately. anyhow, perhaps allow a 11% premium. I would have guessed about 5% premium myself, but I'll take the 11% mentioned.

even as an investor that knows and understands this company and its accounts quite well, even I struggle to comprehend todays RNS. why give the 62%fe figures when we mostly produce 65%fe !!! $400m in debt paid off in 2015….and still the debt mountain rises by nearly $200m. nice to see costs down in Feb, but scant details on the sales price being achieved. also little detail on the new South Korea market. and most starkly, 1- Very little cash at hand 2, no forward positive statement. 3, I hate Lords on Boards ….. Personally I'd promote the production director in Ukraine to the board, he has done an outstanding job in lowering costs and increasing production, and delivering on time. Oh, one other thing, No mention of anticipated Capex for this year, or repayments of debt. so when I say the RNS is messy, that is just it. Messy. I wonder will the CEO offer to resign or underwrite the money he lost in his personal piggy bank ? dream on Granto

it will be curious to hear the results., very interesting production rampup, a small loss, bit in 2016 as iron prices surge and hold, and supply and demand takes hold here in central europe, 2016 could be crucial as the company balances itself. I wonder where are banking now ?

it is a welcome rise. I never lost faith here or sold out.

analysts calling it a blip.

http://www.fool.com.au/2016/03/07/the-iron-ore-price-is-flying-taking-company-share-prices-with-it/ I'm not a fan of the 'fool' but this is a decent article.

sad day. I fear the worst now. we know from Afren where the Bondholders took 90% of the company for a bailout . It will be a debt for equity swap here. A deal could be done. But expect dilution.

the on,y place I know is a paid subscription. any good ?

Up from 25p to 45p in a week ! Purely metal price increases ? Or something else ? They are at capacity so if a new customer were to knock the door - prices could rise - simple supply V Demand . Ferrexpo can't increase supply - so it's all about demand now

I have always said the CEO should face a charge of reckless trading over the bank fiasco . And his shares extinguished to compensate shareholders . To answer your question ? I bought in at 38p , hoping for the recovery from the bank - I heard a small amount of money will be recovered - several million $. The company is a great one - but it's all about iron prices . I call it a hold . Not much more upward movement .... But as usual - we are the last to know .

I'm at break even now !! Thank the lord, was having a bad run .

cracking project, finally there, but Long Term investors are utterly worn out waiting. Speaking for myself anyway. that point made, it is a perfect time to enter the fray.

I got out of here when the were still a quid a share. (ish ). I have no position long or short. But I think this is Afren2 only Afren had a better chance of survival because it was in $70 a BoO territory. It hurts to sell, but I think that 3p is a fair offer. a very fair one. other than that it could be most likely zero, or if oil recovers. …god knows. For what it's worth, I'd take the lifeboat where its there and don't look back. GLA and DYOR….. best of luck

I wish I waited too, its been a long long project….

they must be confident if they are ploughing ahead with ordering machinery and plant. Vexatious or not, the local guy can sit on his hands and demand justice. I don't think it will drag too long.

we have been told, it's another delay. could take months, could take 3 years, can anyone say. they seem confidentrit will be short term

great to hear this is going ahead, it just shows how far removed we all are that nobody on the BBs knew things were progressing. The compulsory purchase appeal is a nuisance. I wonder how much land is involved.

why would anyone sell their shares' taking the offer of 3p, when the open market is offering 10p. But I agree, this is Afren 2, people should bail. I said SELL here a few weeks back, saying the company was doomed. sorry for everyone who lost. high risk indeed.

with Natlata holding 29% General Invest Overseas S.A. 17.63% and assuming these are linked. they hold nearly 50% of the voting rights. yet I think GEO.SA has sold Natlata at least 7% of its shareholding. The free shares in circulation is tightening all the time. very interesting times ahead. Looks like the BoD are in deep water here.