do the numbers stack up?, page-2

Will production be that high in the first 6 months? (Hm, I suppose it starts in December, not January.. so that helps)...

And, of course, that's assuming that everything goes smoothly.

And, expenses could be over $8.6M. There's no reason they can't be... esepcially given, you know, the GFC and all. Profit for FY 10, seems likely, yes.

Using a very conservative view, profit in FY10 isn't not a given. It is a distinct possibility, yes. A given, no.

IMHO.

Having said that, if it wasn't exam time next week, I would organise a margin loan and purchase some AAM. I love this little stock and think it's undervalued significantly.