AGO are trading two year ahead of themselves based in production and EPS...
Hartleys forecast EPS of 28.8 cents for 2009 on 1.3M tonnes and 67 cents EPS for 2010 on 4M tonnes, which I reckon is a bit optimistic and ahead of AGO's forecasts, which state: "The company is targeting export of 1 million tonnes of DSO iron ore during its first 12 months of operations, with production growing to 3 million tonnes per annum by 2010."
It may run like MMX ran previously and ridiculously however it is not for me...
