OST
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0.00% 86.5¢ onesteel limited

eureka report, page-5

  1. inthealice
    188 Posts.
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    20/01/11
    00:27
    Post #: 7763793

    The reason OST is a great buy, is that they produce and sell 6.5 million tonnes of iron ore this in addition to their normal steel business, actually I think iron ore will become their mainbusiness if ore prices continue to rise. FMG are currently selling ore for $150 US a ton and three months ago $125US, in cash terms OST will make say $975,000,000 dollars, minus production costs should leave a tidy profit.
    OST Price at posting: $2.87 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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