CXM centrex limited
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capital costs too high

  1. david25
    5,666 Posts.
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    28/06/12
    12:35
    Post #: 10364742
    Approx $1.8 billion start up
    $2.8 with interest and 8yrs to start up mine.

    Volatile iron ore prices and the market will be flooded means the long term within 8yrs. Global recession increases risk of production being below marginal costs.
    CXM Price at posting: 21.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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