oly,thats just the point im trying to make, it doesnt matter...

oly,

thats just the point im trying to make, it doesnt matter about transport etc, its now about survival. just look at CFE, its has $340m in cash and an MC of $180m or something.

i could takeover someone like BRM.

cash is king, if a company in the spec end of the iron ore sector isnt trading at or near cash backing its over valued no matter how close it is to FMG.

mark my words, cash backing is the next target for all these companies. without cash they are just a black hole for cash to become producers, when they dont have cash they are going to be worthless.

BRM is just one example, there are many others. just make a list of the 4 points just to give yourself a guide because it will help open our eyes to what the market is telling you.

as for the serial rampers on here, you all know who they are, just ask yourself where are they all now?

wonder how Warnie is going, bet hes all out of this stock.