2 mines runing by murch 5000000 tonnes each about.no debt .iron ore about 90 to 100 a ton.so say 1 millon pa at $90 90 millon take of $33 for running the mines leaves about 60 millon.and buy 2011 with upgrading 2 millon tonnes 120 millon and so on. look at krl simuliar to nsl has gone from 10 mil to 100 mil with in a few months. can you boys tell me is this what you are seeing or am i way of the mark ?
maybe 20 cents by march
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