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11.1% 3.0¢ macro metals limited

kfe - the next 3 months, page-13

  1. bizzo
    2,889 Posts.
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    24/05/14
    17:18
    Post #: 13410936
    Hello 29
    The Iron Ore price going down will hurt many companies .
    The break even prices for these companies are .
    Rio about $US44 Bhp $US55 Mount Gibson $US84 and $US72 for FMG.
    From memory we are closer to RIO and BHP .
    My point is only the lower end producers will survive.What do you think.
    KFE Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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