Hey Redrock - the beer coaster has never let me down. It picked 23c on the 01/02/11 as per below. Thought it would only be right to post on the close.
"Back of the beer coaster work in the pub after a few cold ones - graphing the declining shipping rate with the declining share price and the declining lump grade - seems to point to 23c at the end of Q3. It's not a sophisticated modelling tool granted, but it is the same one used to predict the early, long wet season"
An producing mine so close to rail infrastructure, ports and Asisn markets at 23c. There are a whole heap of desktop Fe operations sitting better than this. Surely there needs to be an entire clean out of management to at least give shareholders a chance of recouping their loses.
Shameful.
Add to My Watchlist
What is My Watchlist?