My perception of arrium mining, is that they rely on the mining side, dont look at the other opportunities/arms of the business.
this could be a IO scare, that the price has gone down and afraid that the IO price could/will possibly go down lower, and not taking into consideration other parts of the business.
I have heard from a pretty reliable inside source that arrium have instructed the contractor to stand down one of there diggers at SMR mine.
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