My numbers come in with a market cap of $800mill debt paid off etc...
So double in the next 1-2 months subject to iron ore floating around or above current levels.
I haven't done numbers on $100 price but that would be very exciting.
I am concerned about the options weighing on price however. Not many companies bust through the option strike until after they have expired. I think it is naive to consider this. It really depends on whether the big holders want to accumulate and hold their percentage of (therefore hold exercised options) or whether their game plan is profiteer.
This, plus iron ore going up or down their a still many variables that make this risky. But the stars could certainly align.
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