Hi folks,
I don't get it.
Company is valued at 77 Million.
Has 45 million cash at hand with not a lot of debt.
Shipping 1 million tonnes a year with comparable extraction costs as the big players and a 6 million reserve.
Each departing vessel from Port Hedland is carrying about 12 million dollars worth of iron.
Is this share price being punished due lack of company direction or communication?
mol value
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