Australia's largest stock trading and investment forum Australia's #1 stock forum

At 70, BHP won't have too much of a money maybe$1-2/t

First 10 Last

Share
Profile

Follow
platinumstandard

2,417 Posts.

47

06/11/14

15:34

Post #: 14246653
Share

Originally posted by elyk1981 ↑

I agree production needs to be cut but the only way that’s going to happen unfortunately is when iron ore miners start to go on care and maintenance.

Apart from BHP, RIO and maybe just FMG, which miners have a profit margin if prices are at $70usd?

Expand

At 70, BHP won't have too much of a money maybe$1-2/t

AGO Price at posting: 23.0¢ Sentiment: None Disclosure: Unspecified

BCI Price at posting: 85.0¢ Sentiment: None Disclosure: Unspecified

MGX Price at posting: 42.0¢ Sentiment: None Disclosure: Unspecified

FMG Price at posting: $3.08 Sentiment: Buy Disclosure: Held
Upvote

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 120 more messages in this thread...

First 10 Last