new jefferies report - a biased view lol, page-4

Nic

"... I am sticking to $3.50 Jul 12 as a definite lower end"

Nic the 53 page report comes up with a figure of US$7 -(AUS$1.10+) very late 2012 or early 2013.

I will leave it at that.
------------------------------------

Thanks Snork69

Just comfirms, we are on a slow steam train ride (2012-13)for awhile, before the upgrade to a tilt train (2014).