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Ann: Market Update , page-2

  1. 10,824 Posts.
    what a turnaround ! looks like noble have done some due diligence for a change. using uncertainty in capital markets as an excuse is a joke - noble made a profit well north of US$1.3bn last year, and cash isn't the problem. Risk is, risk these muppets haven't got a clue about how to run a "boutique" low grade, low tonnage, high cost, high strip, extremely wet quarrying operation.

    i can not wait for the quarterly. as fleetwood mac once said "tell me lies tell me sweet little lies...".

    this is the only company not making real profits out of iron ore at the moment, but then again, most other companies have actually got the stuff to sell.
 
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