The Austr miners got hammered overnight. Doesn't mean much short term to AYSI, but something to keep an eye on if they (potential custoemrs) start cutting back or cancelling mining projects. Not seeing any of that and iron ore prices are still way too robust IMO with global slowdown or not to stop iron ore plans over next few years.
FMG was able ot recently raise more capital I think from Baosteel to pursue further development of their iron ore tenements.
I'm a bit confused on the KUTUBU thoughts on leases. Would think that would be a bit of distraction/headache for what might be achieved (probably a small cost savings in raw materials I guess?)
I'll have to reread those posts to try to clarify for myself about that stuff.
I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog
"We didn't build this company on the sniff of an oily rag."
-Anonymous
I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog
"We didn't build this company on the sniff of an oily rag."
-Anonymous
