i think GRR fundamentals look bleak, with no potential to...

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18/05/18

23:52

Post #: 33203716
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Originally posted by Stefans ↑

There are many companies with promising potential fundamentals, only a few will realize this potential. In AGO situation I didn't come across any realistic road plan leading to recovery. I personally couldn't make a positive contribution.
My understanding of the iron ore miners is that only those which sell IO 61%Fe or better have good chance of being profitable in the foreseeable future, say 5 years. Longterm future is completely uncertain because of the new industrial revolution.

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Originally posted by Stefans ↑

There are many companies with promising potential fundamentals, only a few will realize this potential. In AGO situation I didn't come across any realistic road plan leading to recovery. I personally couldn't make a positive contribution.
My understanding of the iron ore miners is that only those which sell IO 61%Fe or better have good chance of being profitable in the foreseeable future, say 5 years. Longterm future is completely uncertain because of the new industrial revolution.

Expand

Originally posted by Stefans ↑

There are many companies with promising potential fundamentals, only a few will realize this potential. In AGO situation I didn't come across any realistic road plan leading to recovery. I personally couldn't make a positive contribution.
My understanding of the iron ore miners is that only those which sell IO 61%Fe or better have good chance of being profitable in the foreseeable future, say 5 years. Longterm future is completely uncertain because of the new industrial revolution.

Expand

i think GRR fundamentals look bleak, with no potential to realize.

I personally couldn't make a positive contribution to GRR.

would you agree stefans?

AGO Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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