re: chart chat just more on fundamentals:they recently forecast...

re: chart chat just more on fundamentals:

they recently forecast 12.6M profit for 04/05. In the q1 results, they said they got 3.1M profit (unaudited). This is despite the port + rail problems -- they had to truck some of their ore all the way to the port, which is of course a drag on profits. So, my guess that they will get more than 3.1M for all the other quarters, especially Q4 because of the mooted 25%+ iron ore price rise.

Even so, lets take the 12.6M as a guide. thats eps 12.6/291=4.3c

They forecast 19M profit for 05/06 (remembering that they only factored in a 7.5% price rise in their forecasts).

All this without the magnetite deals which should come online somewhere in 05/06 or 06/07

Thanks for your charts by the way, and your interpretation of them.