I agreed AGO got US$270m debt, but probably still have over $150m cash. It's resource and production is just ranking at top of medium iron ore companies.
ARI has debt of $1.6b-$2b, with cash $0.6b, debt covenant of interest cover 3.5 times might be struggle to meet so far.
BCI Price at posting:
53.0¢ Sentiment: None Disclosure: Not Held
FMG Price at posting:
$2.74 Sentiment: None Disclosure: Not Held
MGX Price at posting:
24.5¢ Sentiment: None Disclosure: Not Held
ARI Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
AGO Price at posting:
16.5¢ Sentiment: None Disclosure: Held
