LCY 0.00% 1.1¢ legacy iron ore limited

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  1. 3,538 Posts.
    lightbulb Created with Sketch. 4
    Lets see if they can do both, syd.

    There are so many struggling Fe producers struggling at the moment. I have read somewhere that even Arrium with a $800 million market cap may face administration due to debt repayment difficulties.

    Other ASX listed iron ore producers not doing so well include BCI, GRR and GBG. Fortunately the first two mentioned producers have ample cash in hand to tough through this rocky period.
 
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