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0.63% 80.5¢ red hawk mining limited

Citibank has just slashed its forecast IO price to $65/tonne for...

  1. docrox
    8 Posts.
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    11/11/14
    10:27
    Post #: 14267898
    Citibank has just slashed its forecast IO price to $65/tonne for the next two years, down from $80/tonne. Citi has also hammered the juniors Atlas Iron and Mt Gibson rating them a 'sell', classifying them as risky. FMG has had its target share price downgraded from $4.50 to $3.20 and Citi has classified it as 'neutral'.
    Possible rebound in 2017.
    FMS Price at posting: 1.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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