60-80c, page-4

Thanks for your reply Hammerhead, with all of the figures that you provided you came up with a figure of about 90c peak which if i'm not mistaken is similar to what I said and that is that it may hopefully rise close to the $1 mark. The coment regarding the multiples of this was based on long term. The current proposed steel mill is stage one of 3 or 4 more to follow in the future. Hence more out put and potentially more multiples of the sp. Even if sp does hit 90c it is still not a bad multiple from current sp of 11c.