Arbrouth says - On the assumption that the next 3 quarters are...

Arbrouth says - On the assumption that the next 3 quarters are similar to Q1 of the 2007 FY I calculate next year's PE ration at around 3-3.5.Now thats what I call a margin of safety!

Then we have the upside, Tungsten, Copper, Gold.

All those shorters recently, hmm, $3.00 in 6 monthes time on nickel, $4 on Tungsten, $5 on Copper and $6 on Gold

P.S Carnilya Hill worth at least another $1

And $100 million in the bank\recievables after Christmas.