There shouldn’t be any great concern with SH since FMS holds the asset.
If anyone should be concerned with todays anns, is BBIG who has spent the $m doesn’t have a great deal.
In the current statement FMS still has 1.48bn tones.
45mt/annum x14year mine life which they sek leaves 630mt over the period. A lot left. Very good margin.
The anns tells me we are having a CR because we need your money. We would llike the price to be lower to increase our %.
IMO there is a delay in funding (the big money)
Water is mentioned so often. They should try drinking it strait !!!!
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