re: set to fly $6?? they ain't getting my shares for such a...

re: set to fly $6?? they ain't getting my shares for such a pittance.

for such an unbelievable deal - fancy that, getting another country's government to build all your infrastructure for you, you'd expect better. now that infrastructure costs are out of the way, you can focus on the profits to come

so they're gonna have an operation exporting 45 million tonnes a year, and forrest predicts an profit margin of around 10 bucks a tonne - that's a whopping $450m in profits annually!! give a p.e. of around 12 (very conservative, portman, with their 5 million tonnes a year ops, trades at a pe of 15, and australia's #1 iron ore exporter rio tinto has a p.e. of around 18) to this baby, and you've got yourself a $5.4 billion company

which means, with 148m shares on issue, each share is worth $36.49.

thanks twiggy... for making me an instant ... MILLIONAIRE!!