TI1 0.00% 1.4¢ tombador iron limited

Lol, Hairy I love how you just make up numbers!The way I see it,...

  1. 30 Posts.
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    Lol, Hairy I love how you just make up numbers!

    The way I see it, this stock just needs a couple of quarters of high iron ore prices to make its market cap in profits. Because they are so far from their customers, my math suggests they need Iron Ore above US$90/t before they make any real money (at least for export markets). But if we get a quarter at $130 or $150 then I will be annoyed if there is not insane cash flow coming our way.

    https://hotcopper.com.au/data/attachments/5427/5427121-ac6ab760c713ce30fe6e8ed4131ecea0.jpg

 
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