Short Term Trading Week Starting: 12 Dec, page-196

  1. 676 Posts.
    The catalysts for SP appreciation that I see are probably what you have already identified :
    * Financial metrics improving as impaired assets are disposed of will attract the instos again.
    * Stronger cashflow from Iron Valley - drivers: higher volume, lower costs, higher IO prices.
    * Buckland construction gets the go ahead in Q2/17 - double edged sword, will require a lot of capital (also acknowledge mouse's comment on this project).
    * New project acquisitions outside of IO (base metal/gold?) - could be the kicker, particularly if they can leverage existing project infrastructure or the planned infrastructure of Buckland and the port at Cape Preston East.
    * NJV restart - possible but is totally out of BCI's hands and nothing has been announced by FMG.

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