re: attention mr.jockstar jockstar the gist is that there lower risk hematite projects, Extension Hill look better than ever, resource upgrade and further exploration upside, looking to produce from this new project later in 2007
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presentation:
*3Mtpa achieved 2nd half 2006
*further exploration upside
*exploring / acquiring / farm in to accretive projects
growth prospects *leverage from Chinese approval to construct pellet plant at Longtan
*develop hematite resource starting with Extension Hill - low capital cost, 3Mtpa production rate, immediate cash generator --> timeline shows production about 15 months from now
significant option value of magnetite project and Nanjing pellet plant (I guess that means it is blue sky but little value is attributed to it in the current share price)
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re: attention mr.jockstar jockstar the gist is that there lower...
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