RIO 1.69% $121.33 rio tinto limited

rio in uk, page-10

  1. 13,234 Posts.
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    It reminds me WES farmer story. "RIO" still need to bring the loan down to a sensible level(as WESFARMER did).

    I expect Next two years will be low growth(Coal Price & Iron ore price already down by 40%), hence very very tight margins. Big loans will hurt to any company balance sheet.

    RIO is a high quality company and will eventually bounce back.
 
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