this time will be different!, page-14

At 17c, isn't this share a bargain with 500,000-600,000 tonnes expected for the last quarter?

At cash coast of $65 per tonne, their last announcement showed they are selling iron ore $130 per tonne.

Assuming 500k tonnes with a Gross Profit of $65 per tonne.

Gross Profit of $32m for the quarter. Shouldn't the SP rise to around 30-45c over the next 3-4 months?

It was at $1.70 last time iron ore was at these prices. Their issue of only have 4 years iron ore production as reserves shouldnt really affect it since it will be cashed up in 12 to 18 months ready to increase drilling and takeovers?

Come on fellas gotta be a decent speccie here!