yeh it's good news but i think everyone knew it was going through... i still see CMA being strong long term and with Scholz holding this much in the company one would think even if they did get into trouble short term Scholz would pull them through
it's all about whether they can utilise all the CapEx that has occured over the last year or so... my view is if they get tonnes (which isn't easy while industry is declining) then they'll make profits.
Tonnes, & hence equipment utilisation, is key!
CMV Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held