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Re: greasemonkeyshoes post# 5799

Tuesday, 09/22/2020 2:04:19 PM

Tuesday, September 22, 2020 2:04:19 PM

Post# of 8708
New manufacturing and electric auto's already filled that void during the second quarter. Not to mention IO at $130 a ton is way beyond the expected demand.

Cliffs had 170 million in free cash flow after the first half. Lorenco said in previous CC's that shareholders will be rewarded when free cash flow begins to pile in. Lorenco in fact said Cliffs will become a free cash flow ATM for investors.

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