ARI arika resources limited
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Ann: Arrium Mining Quarterly Production Report, page-4

  1. Damian92013
    69 Posts.
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    21/01/16
    11:57
    Post #: 16840625
    $140 m loss from io. I agree.

    But. $270m profit from steel and moly cop and increasing.
    $130m left.
    Interest on loans $1.7b at 4%
    $68m pa
    $62m in surplus.
    What's the problem boys?
    Debt to equity a little steep?
    Covenance a little stretched?
    So what! Are we at the top of the iron ore price cycle???
    Is China's GDP at its strongest ever???
    Are world economies looking their strongest ever???
    Of course not!
    This is the very definition of upside. WTF!
    ARI Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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3.7¢ 		Change
-0.001(2.63%) 		Mkt cap ! $28.96M
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3.7¢ 3.7¢ 3.7¢ $2.997K 81K

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6 973628 3.6¢
 

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Price($) Vol. No.
3.7¢ 162162 1
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