Hey RAy DF - BSL aren't miners at all. They did have some Iron sands in NZ until a few years ago but sold out of it. They do have Blast furnces and Electric Arc furances for making raw steel however they buy all the raw materials (Iron Ore, Coal & scrap). They integrtaed from Steel making all the way through to COLORBOND. Analysts where predicting up to to $22 a share back in August and the share price halved. What are they going to rerate it to now. Analysts haven't got a clue.
PS Bluescope don't make any rails
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