Evopilot your quote
"William, the company can well and truly service its debt between its cash reserves and its iron ore sales."
Point out where the company can service this debt level through cash reserves and IO sales becaz i cant find that.
Read the cashflow Evo, 50 million in sales but 51 million in production costs, thats running at a negative so you are incorrect in your assumptions ..
however i look forward to your workings to show how you came to this conclusion.
Most of you guys on here now are daytraders and you know that.You been hit trying to catch a falling knife, but what you have missed is fundamentals.Its falling for a reason and of note there has been numerous "change ceasing to be a substantial notice" announcements of late
Cheer
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nfe good buy , page-56
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