Ann: Decision to Mine for Mt Webber Iron Ore Proj, page-10

re: Ann: AJM: Decision to Mine for Mt Webber ... this is a profitable move. sure its a short term outlay but hey profit is profit. they are growing their business.

Its like a retail store.

Question : If prices go down how do you keep your profit to the same level it was before?

Answer : Sell more.

the big IO companies are going to increase production. world demand is still going to increase by at least 7% per year which is actually huge. America is starting to concentrate on itself which will lead to them going into a construction boom and their economy will strengthen big time.

So in short. this is the right time to expand. dont want to miss the bus.

naturally these are my personal opinions.

dyor