IO = $US69 is ARI's break even!, page-2

Few problems there GT
Your right in highlighting the MC. Business however the prices for steel are clearly declining so the figures are not likely to be any where near as rosy as you have made out.

Also you have left out their money losing businesses the steel business and the recycling business! Asset right downs etc!

Re: Iron Ore Your figures are they receive a 5% discount for their 59%Fe product which according to you would be $86.45/dmt. But according to U-Metal as of Friday they are currently receiving $72/dmt and $74/dmt US for their 58%Fe and 59%Fe product!

All these figures for the miners you keep spitting out don't help the share price. If you did manage to convince enough people of your bogus figures and you consequently moved the share price you would create a spring and the market would over correct!

If that is what you aim to do, all you are achieving is sucking in more people who can't afford to be sucked in! You cannot possibly influence the share price with your nonsense, so stop trying!