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Re: Rames post# 61366

Thursday, 12/02/2010 11:04:58 AM

Thursday, December 02, 2010 11:04:58 AM

Post# of 94785
SGZH...Rames, how are you arriving @ FY2011 EPS estimates of $1.30?? They could earn close to that in the first half of 2011 IMO. SGZH will earn approx $0.41 in Q4 (based on projections), UP 64% from Q3, and they are just at the beginning of their ramp-up.
Also, keep in mind that the Xing An mine will now be able to maintain coal processing operations year-round, unlike before when I believe operations were cut in winter due to harsh weather.

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