They are looking pretty solid at current SP, but still would love to see a bit more in the sales area. Dividend was OK but with IOP down it is hard to see how that will replicate the last years returns and still have a solid inventory.
need to see China Growth recovery to help push IOP above the $US110 for 62%Fe which will translate into decent price for TI1 product.
I am holding but really feel nervous about iron ore outlook in the near term.
Ann: Company Presentation - October 2022, page-10
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