I think IEC is looking promising. The way I see it they are...

I think IEC is looking promising.

The way I see it they are currently making $2.44 profit per ton based on the Sept 17 qtr.

If coal sales for this qtr 45,000 tons continue for the next 3 qtr's they could turn a profit of $1.3 mill

1.3 mill/356,500,000 shares = $0.00369 per share

Based on the current share price $0.006 per share this would be a %62 return


Hopefully if they lift production the costs per ton will drop and fingers crossed teh export ton rate per ton should be better than the $54 they seem to be getting now.