Cleveland Cliffs Inc (CLF)

[Rocky3]

Excluding these expenses, Cliffs adjusted EBITDA would have been $98 million.

So is that good enough to support $2B of debt? Good enough to refinance when due? I hope so, but I think that there is not much margin right now.

One would think that any posts about dividends will stop, but I doubt it.

I assume that the trend will be down for awhile. Good job by company raising money when they did. Looks like great timing.