correct me if l am wrong, but with a profit margin of $30 / ton and 5 mil ton in 2007 that is 150 mil profit, with an eps of 46 cents, $4.60 value @ pe = 10. Of course capital costs will come out of that, but l expect $2 by 2007, and if the 20% rise in Fe prices happens next year the sky is the limit. l hold til 2007
iron clad, page-5
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