Brabus,
Austind was able to fund its land purchase of $10m easily enough with Indian investors - i don't think raising funds is an issue
as to a more precise calculation, no-one knows the cost of iron ore mining in india - all we know is that it is considerable cheaper + infrastructure is already in place + much cheaper transport
i look forward to some concrete figures from broking housing with greater resources than me to find this out - i still work a day job mate!
FURTHERMORE,
my calcs are a calculated guess as to the value of the company after cap raising but before options are exercised.... a prediction of monday's share price and in the near term will have to be caluclated on 300m shares, but also taking into consideration market conditions
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