Average loaded cost of Ore is ~AU$42/t
You certainly raise a good point about other companies ramping up their Iron Ore exports, as it seems ARI's profitability is heavily dependant on the Iron ore price.
The mining consumables business operates mostly off shore, the main operations are in the...
1H underlying NPAT actually beat most analysts expectations and was weighed down heavily by the weak Iron ore price in the first quarter. If Iron ore prices maintain current levels or close to, 2H profit will be significantly higher as Iron ore exports ramp up due to port expansion. It looks...
Thank you both for the input.
I will be following closely to see the results from the FY report. The SP jumped significantly after the half yearly report on average results. I am assuming the market was expecting a profit result likened to that of BSL? Can any one shed any light on what caused...
Hey guys, I have had this question on my mind for some time. Could someone please shed some light for me?
Obviously the GFC in 2008 was caused by issues in the U.S. At that time, both the Aussie market and the US market dropped significantly. My question is, why is it that the Dow Jones has...
Hey all, I am new to the forum and keen to learn a lot from the knowledgeable members.
What are people's opinions on this company? In my opinion, Onesteel was punished badly by the market due to lack of understanding about the structure of the business. The name change was a good decision by...
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