As I put in the other email feel free to ask for a copy of my notes...as some are saying they cannot get through to Ian. Or not getting responses to email's, so feel free to request a copy jayinoz at gmail com. I would like to make it clear that Yr 1 from April 2011 will make 35-70Mil PROFIT for 1MT Iron Ore. Yr2 in 2012 is 2 MT, so double it depending on Ore prices at that time. I calcualted it step by step with Ian so he could be very clear to me about our PROFITS from Yr 1 of production.
Shipping is included in full FOB costs and posters seem to be downramping on the point that Shipping is on top of FOB Cost. This is untrue.
Amazingly undervalued ATM. If others having issues getting replies I will send Ian a email now to see if he can correct this issue. Surely he can hire an IR consultant... yet I never had an issue getting through.
Cheers Jay
TRF Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
