"If it eventuates and they are debt free, what earnings per share do you anticipate with 7-8b shares on issue? This could define a high side price target (holy cow I'd be piling into fmg if your assumptions for ago being debt free eventuate!)"
Somewhere massive NEGATIVE earning/share ie raising more cash and print more shares to fund mining activities for Chinese steel mills... they will be laughing.
Ann: Atlas signs debt restructure agreement, page-81
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