SHD and WDR. SHD has a market cap of 60m and will be producing 2mt iron ore late next year in the NT. Cash cost very low at around $50t and start up cost also very low at around $100m.
2mt x 80t profit = $160m a year.
PE of 5 and SHD should be $2.40
iron ore penny stock, page-17
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