takeover potential, page-6

er6n,

I am amazed how absolutely WRONG your post is. I am assuming you have not done any financial modelling on ARI. Maybe not even read the financial statements or if you did, not understand them.

To suggest 'they will go out of business' if Iron Ore goes down to $80 is wrong!!!

To only quote one brokers forecast for FY15 is a very dumb thing to do. Why are you not also quoting GS's associated AUDUSD forecast if you are going to do that as well. Do you not understand that there is a currency involved? I know from reading your other posts you don't seem to get this most fundamental concept. Sold in USD, Cost of Production in AUD. Australia's terms of trade and the relationship to the AUDUSD.

I understand that you have only rudimentary understanding of financial accounting and your favorite number to quote is 'DA'. You do not seem to understand the Cash Flow Statement, gearing, EV/EBIT, Leverage Ratio's, EBITDA cover etc.

Most of all, to say 'lose your entire investment' indicates that you do not understand anything much at all about equity, debt and ARI's balance sheet.







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