how low will it go?, page-23

If I may say so baggins, there are many excellent posts here, especially from Chelkn who knows this stock backwards. Have a dig and see what you can find. Meanwhile, can I offer the following attributes in summary:

a) only 125M shares on offer. Never been diluted like other
stocks
b) Good metrics such as ROE
c) high quality ores in demand due to low impurities
d) management consistently under promise and over deliver
e) very attractive yield
d) low risk operation as most work is contracted
e) upside with mine life likely to be extended through
simple crushing and screening
f) did I mention the quality of management?
g) heading towards inclusion in ASX200 = insitutions on
board
h) strong balance sheet
i) upside with FMG rellationship for JV's in Pilbara

I could go on with the positives. Interestingly, it is quite difficult to find weaknesses here aside from the usual matters including iron ore price direction (although it has remained strong and China looks to be cementing strong, albeit slower growth around 7.5%), the direction of the $A etc.

I hope that is of interest.

Best of luck with your investments.