southern cross equities recommendation, page-2

Never seen a buy valuation without some sort of price target for an Fe junior. Looking like it all comes down to three things now:

1/ Beneficiation demonstrated to be economic and saleable
2/Infrastructure terms that can still deliver long-term profitability
3/Port facilities that can sustain large scale operations

All three of these should be close to resolution by the end of this year. If solved, any guesses on the MC/SP?