rampers quiet, page-12

valuation simplest is the best ,, becuase most people that play the market are thick.

short term eval
todays annment

per year ebit 15m per ton. potential to mine 3 tones per year = 45 m.

no. of shares 450. divide 45 by 450 = 0.1 cents.

share prices should move to 25 to 35 cents.

From a charting perspective and momentum indicators it will hit 40 cents in short term.



long term this stock could be 2 dollars next year.

However if the iron ore honey moon ends then could see this stock hang around 50 cents for a while. ok hope this heaps I bought back in a 20 cents and intend to hold until 40 cents.