what is it worth, page-4

guys - It is pointless trying to value a company when you do know its assets... economics 101! Just relax and wait for the JORC.

If you wanted to speculate then i'm game... ok so 800-900mt of IO at say 57% Fe. I'll say SP at about $2.50 when the takeover bid by a chinese steel company is announced sometime mid to late '09 when they have completed the feasibility.

If anyone disagrees im listening but unless you can tell me why im wrong I don't want to here from you. Would love to discuss this with people who can offer some real insight.