My opinion only, Why 60c by today or tomorrow then 1+.
Have money and making profit, most important thing that they entirely focus on cost cutting , it is great great news for shareholder, i am feeling they have plan to cut further to 40 very soon. Ago and bci are very proactive at moment, seems they can surprise a lot to market. Hoping market would appreciate their efforts, i can understand environment is tough, but they determined to fight back, management is in right direction at the moment . They must keep focusing on cost as iron price go up they would double profit very quickly.
A free iron ore business anyone, page-18
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24.5¢ |
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Mkt cap ! $692.3M | |||
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