Brokers were buying today..- Once the off-take for 200,000...

Brokers were buying today..

- Once the off-take for 200,000 tonnes of iron ore has been cleared, they'll have the up side to the higher Iron ore price

- It's a low cost mine,
- Great management team, ex senior executives at Dyno Nobel

- They've partnered up with their Indian Partner to manage the daily operations as you get greater efficiencies using an Indian team in India.

- Heaps of Roads and rail which is cost competive.

- On forward 2011 earnings this will be trading at a P/E of 1 FFS!

This will be $0.50 + in 12 - 18 months maybe sooner