incredible fe grades, page-4

Atlas was due to be shipping its first DSO in april 2008 betting FMG by a month if they deliver on time.
See company announcement dated 11/7/2007 epa approval process. This has delayed things and assuming it is granted they are not expected to start shipping ore until sept/oct 2008 with no slippage or cost over runs in mining. Are other factors but assuming they can deliver on time they should have at least 6 months selling ore at next years price.

Price did drop substantially on this announcement. I still hold.