Hi Au.
Go to the website for this.
But in summary the company has two strategies:
Domestic - annualised production of 3 mt iron ore (+63% Fe) by the end of 2013 for Brazillian market. The JORCs for this is pretty much known. So countdown from now.
Export - aims to identify or acquire a project (s) that will produce 12 - 15 mtpa (69% Fe)
If you look in detail at the company`s exploration sites it should inspire confidence.
CTM bears no resemblance to its predecessor GGY. Fully Fe. And an ambitious, focussed, and highly competent management (they hold over 12%).
As for sp by production at the end of `13, I`m picking $1 +.
And 30c by the end of the year.
However, I`m very much in the long-term camp.
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