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1.4¢ tombador iron limited

Definitely a longer term play, 2023 onward, and you should look...

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Zixio

525 Posts.

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25/10/22

20:10

Post #: 64392014
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Originally posted by Jenkstar: ↑

They are looking pretty solid at current SP, but still would love to see a bit more in the sales area. Dividend was OK but with IOP down it is hard to see how that will replicate the last years returns and still have a solid inventory.

need to see China Growth recovery to help push IOP above the $US110 for 62%Fe which will translate into decent price for TI1 product.

I am holding but really feel nervous about iron ore outlook in the near term.

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Definitely a longer term play, 2023 onward, and you should look past any near-term volatility; unless of course the story changes. GL.

TI1 Price at posting: 2.6¢ Sentiment: None Disclosure: Not Held
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