Its all fine PP; a lot of the iron ore earnings at Onslow are invariant to iron ore price, as its mining services, at iron ore Us $70, which is probably worst case scenario, p/e 5.9 at 50 m t pa production, still generating over $700 m per year of free cash flow to paydown debt, and then 60% of Onslow earnings are mining services that is invariant to iron ore price.
MIN Price at posting:
$22.43 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)