APG 0.00% 0.2¢ austpac resources nl

strong opening, page-30

  1. 1,662 Posts.
    Gee the mods would be cross at me if I said yes wouldn't they. Lets look at the fundamentals 1c per share profit or a bit less for the plant at Newcastle iron troughput. Did someone mention 250 steel mills world wide. Say they get half so now we're up to $1.25 profit per share for iron ore handling and is it right that is about 5% of share price so that makes it worth for iron profits $25.00 per share and then there is mineral sands etc. What timeframe this would be who knows and they may not get that amount of steel mills they may get more and I may have completely mucked up the numbers. May I suggest everyone reads the reports works out the numbers from the profits estimated and let me know what they find.
 
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