ORE 5.11% $6.13 orocobre limited

Borax will be shutdown, page-3

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    Not necessarily.

    With the rationalisation of the business that has taken place over the last 2 or 3 years, and in particular with the drop in the value of the peso, production might actually be profitable (if not much) for export sales denominated in $US. The peso has dropped in value by around 30% against the $US in the last 3 months, way more than the 8% tax. In particular, with the write-down to $0, any profit will make the ROI look good!
 
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