Infrastructure - At this stage neither company has infrastructure. Jupiter Mines strategy in the midwest may assist both companies. At the end of the day an infrastructure provider will say - "sure we'll sign you up, here's a take or pay agreement". Who is most likely to be able to sign this? For me GWR.
Handbrake - I am very disappointed by GWR's progress. Despite this fact FAS's management does not make me envious at all. I think both need a kick up the...
FAS working hard - so they say on a powerpoint slide...GWR using FAS's facility - what facility?
Your Comment on China and Fas working harder there - this one confuses me the most. Hunan Valin I&S is a a top ten in China, and a top 20, steel producer. They also happen to hold around 15% of Fortescue (there abouts) and 9% of GWR. Through in 15% for Cleveland Cliffs and I highly doubt FAS is ahead of GWR on the marketing front. You cannot market a resource you market a finalised product. FAS working harder in China? on what basis?
Comment on management moving to FAS - No i can't answer this one. Based on what I've seen neither company's managers appear too concerned with shareholder value.
back to you mate
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Last
7.4¢ |
Change
-0.002(2.63%) |
Mkt cap ! $23.77M |
Open | High | Low | Value | Volume |
7.6¢ | 7.6¢ | 7.4¢ | $8.354K | 110.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.7¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.073 |
1 | 41666 | 0.072 |
1 | 7100 | 0.071 |
1 | 14285 | 0.070 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.080 | 13369 | 1 |
0.085 | 200000 | 1 |
0.090 | 2315 | 1 |
0.091 | 1260 | 1 |
0.095 | 107746 | 1 |
Last trade - 10.51am 02/08/2024 (20 minute delay) ? |
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