By the end of this quarter 30 September according to my calculations we will have nearly $40 million in cash in the company with over 300 million shares on issue and currently capitalizes at $ 50 mil This is a joke we will have to be watching out for take overs. I acknowledge we may be a long way from the port but so what the iron ore price is still giving us a huge profit even at $us150 we are making at 70 % $50 a ton profit.
Another ship lining up tomorrow, page-23
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