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Ann: Sale of Wire Ropes Business, page-13

  1. winteck
    464 Posts.
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    06/02/15
    12:45
    Post #: 14709912
    , i think you really forgot to take in to account their $2 Billion debt plus $1.3 billion current writedowns.Not sound at all
    If IO prices fall any further Irin Baron Mine (middleback ranges may become unprofitable just like Peculiar Knob Southern Iron operations.
    Nothing sound at all i am affraid.
    It appears we are teetering and i have been holding this one long term, fortunately only a few thousand shares non the less
    ARI Price at posting: 21.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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