getting there.... but years to go.... kinda want the SP to go down, kinda want the SP to go up...... conflicted
yeah, basically look at the priceWe're still at the mercy of China and the IO price, but dividend yield here should be back above 10%, company is growing, everything going to plan.... roughly...
Production down, but still the same as most of last year, hopefully nothing to be concerned about.
Iron bridge pumps out 20dmpta 67%fe at about $100 profit per tonne... so should pay for itself in 2 years at todays prices
(revenue >$170 x 20,000,000=$3,400,000,000, thats $3.4 Billion revenue per year, more than half profit, )
Thanks
Ann: March Quarterly Production Report, page-47
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