massive news, page-15

mate the capital will be diluted if that were the case

Very long term they are worth a lot if you take into consideration the ramped up haemetite and the magnetite.

But the market never prices in all projects fully.

In fact have a look at PMM

In fact JBM has not only the current ops , but has anomaly with hundreds of thou of tonnes of nickel

you think the market takes that into account w JBM?? Nup - theyre just factoring in the ramped production from current 9-11lk tonnes to 15-20k tonnes.

JBM are in production.

PMM is in production

All these wannabe iron ores arent even in production and trading at PEs similar to that of JBM or PMM or close to INDUSTRIAL STOCK PEs.

give me a break .

Sure theyre large projects with HUGE mine-lifes, but its too early to factor in high levels of production when the projects arent even in development yet.

These will go up further no doubt, but then I reckon therell be the usual fib retracements.

enjoy the ride.