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Vale has a 47% debt ratio and most likely losing money with...

  1. malmanu
    16,424 Posts.
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    09/12/14
    19:36
    Post #: 14434631
    Vale has a 47% debt ratio and most likely losing money with their existing mines , i dont think they will get the rest of the funding needed to complete their new expansion so that project will be delayed . Vale may even go under if they cant meet their existing interest and capital payments.
    Last edited by malmanu: 09/12/14
    SDL Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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