Dream trader you only have to do your figurespresold 2mtpa of...

Dream trader you only have to do your figures
presold 2mtpa of iron ore $200 million Au minus mining and shipping costs so profit of about 100 to 120 mil year.
If you look at a p/e ratio of a very very conservative,
5 to 1 this value so value it a a billion so value the shares at $4. And this does not take in to account the potential of the other prospects. The Chinese steel companies did not buy into centrex for anyother reason than if you have to buy raw product why not buy it from yourself and make money both ways.