BSL 1.23% $20.56 bluescope steel limited

Ann: Preliminary unaudited 1HFY21 underlying EBIT of around $530M, page-9

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  1. 35,820 Posts.
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    BlueScope Steel tells IPC that South32 coal mine expansion 'critical' to its survival
    https://www.abc.net.au/news/2020-12-02/bluescope-backs-south32-dendrobium-coal-mine-expansion-ipc/12941418

    Dendrobium coal mine expansion rejected by planning commission, John Barilaro vows to overturn ruling
    https://www.abc.net.au/news/2021-02-05/dendrobium-coal-mine-expansion-rejected-by-planning-commission/13124466

    The S32 mine rejection makes Port Kembla now less of a "survival" and going concern. Amazing that BSL has not put something out given it was once "critical" to its survival.

    Interesting to follow the orders now with BSL above say $10 to present mark. The DPIE decision could be overturned but that could be a big could.


 
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