I recently read the report by Motley Fool. At the end of the day...

I recently read the report by Motley Fool. At the end of the day AGO break even is around USD $90/MT. With today iron ore price 58% Fe of $105, if we assume selling price $100/MT, $10/MT USD profit is marginal. with 9M MT then Profit of $100M USD or $110M AUD. They have other assets but need margin around $30/MT to justify $2 per share valuation. I think $0.75 per share is where it is going. Iron ore will go to $80/MT USD in 2014.