Company on track to produce 10 Mtpa by June 2013 and 12 Mtpa by December 2013.
Cash Operating costs (FOB)$46 - $50
As predicted iron ore prices will be average $120 minimum, I believe it will be around $150.
Company has no debt.
$423 Million cash on hands @ 31 Dec. 2012.
Started paying dividend of 3 Cents.
What else you want from a resource company? Why this stock is down ramped?
I believe When asx is reaching 4900, This stock is one of the most undervalued stock on ASX.
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