In a complete role-reversal (or should I say troll-reversal) - here are some more positive comments:
With 100% QIO, CIA have just upped their stake in Bloom Lake by 58% - not sure if investors have fully priced this in, as will support the EPS significantly. EBITDA will be down sharply on last quarters good result, but we might actually see a slightly higher EPS than last quarter. Mining taxes are now paid monthly (approx CAD$3 million per month) which will help smooth out the volatility in the quarterly EPS results.
Meanwhile Vale has a slight hiccup with paperwork & has to temporarily take a little off the table
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Ann: Completion of Refinancing and 100% Acquisition of Bloom Lake, page-2
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Last
$7.02 |
Change
0.110(1.59%) |
Mkt cap ! $3.636B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.10 | $6.96 | $4.333M | 615.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6074 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 4986 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$7.05 |
Change
0.110 ( 1.88 %) |
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| Open | High | Low | Volume | ||
| $6.97 | $7.10 | $6.97 | 399775 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CIA (ASX) Chart |