Don't care about the DOW:
MRX itself is a winner:
- FY007/08: net cashflow will be over $20mln, NPAT will be b/n $15-$20mln, giving it a PE of less than 6X
- FY08/09: NPAT will almost double to around $35-$40mln, or a PE of less than 3X....
And then it has too many other projects to add to its upsize potential....
Long term winner....
