WPG
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0.00% 1.5¢ wpg resources ltd

austock report - $1.66 price target, page-17

  1. sun111
    3,662 Posts.
    lightbulb Created with Sketch. 80
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    31/12/10
    13:34
    Post #: 7675283
    http://www.mbironoreindex.com/Channel/18827/Index-Commentary.html

    63.5% iron ore trade at $175-177/per ton, gross profit margin for WPG is around $90/per ton. Very attractive. Can't stay at 70 range for too long.
    WPG Price at posting: 71.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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