should i buy more, page-6

So now they are looking at expanding the Pilbra iron ore project to 45mtpa...so with their projected costs of just $20/tonne (but even if that was $30 to $40) we are looking at $100/tonne profit...hmmm $100 x 45 million = $4,500,000,000! WTF - that is $4.5 BILLION profit every year! That more than covers the entire capital to set it all up in the first year! Then it will have a long mine life makign $4.5billion every year! And that is just one project too! Still all there huge coal projects and other IO etc.

They have had a great year but I think people would be silly to think AQA has already run out - more like only the first lap of a long race IMO. No way I am letting go of my AQA shares for a very long time!