Sell or Stop Loss Making Business, page-20

I think we prolly were all half expecting a CR when shares were above $1.60, and dismayed when they waited until the price had halved. I mean even us retail shareholders knew they were carrying too much debt.

I dont know where you get your info fit, but it seems fairly detailed. With the share price languishing at around $0.15, i wonder what the chances are of Arrium realistically going bust? Let's assume today's IO price stays at this level for another year or two at least?

According to AFR report (think it was a UBS based research) Arrium has IO costs lower than all but BHP, RIO and Roy Hill out of the local miners? Can't recall the exact figures, so take this with a grain of salt, but from memory they were suggesting around $46 per tonne?

So my question is who honestly thinks Arrium will go bust in the next 1-2 years? And what are there actual loaded costs to China likely to be about now?