Wasnt one of primary reasons Xstrata bailed out of the rail spur J/V because they could no longer can sell the magnetite at a profit and didnt need the extra capacity ?
Personally I would like to see some individual cash flow modeling for each product at current exchange rates and sale prices - Now that would be some helpful info and quell a lot of specualtion -As an aside this thread header is an outrageous upramp and im suprised it was allowed to stay.
CDU Price at posting:
$2.00 Sentiment: None Disclosure: Held