1.36 and running now, page-60

However Riddick I am also puzzled with MGX's rating compared to GBG. I think MGX's resource is below a 100mt (something pathetic compared to their MC). I understand MGX is a current producer, but their mine lives is something like 7 years with no upside to resource upgrades nor above 10mtpa production. GBG production of 2mtpa in 2009 should easily justify the same market cap as MGX in 2009. IMO it should be greater, as our production/resource upgrades are more significant than any ironore junior except FMG.

I hope we are rated on a 20+ pe come 2011 because of the enormus production quoters to come. Then riddick we might see a lovley $30 SP. It will be interesting to see the plan for the 100mt DSO that will be discovered. I hope we get a smooth 10mtpa (majoritly 100% GBG I hope) asap. 12mtpa from Karara, 3mtpa from Mungada, and 10mtpa from new DSO would be very nice come 2011+. I understand Lodestone is a 10mtpa operation, but its planned production is 2013+. I hope lodestone can remain 100% GBG, ill forgo dividends so we can put Lodestone in at 100%.