The coal agreement if it comes through will help margins. Seems to be the logical last piece of the major costs puzzle. I meant in terms of stock market profile for improvement in price.
If you aint following CMC then a getting coal at a decent price wont mean much to the general public. The ferrosilicon acquisition is massive and did little. Why? Because people dont get it.
Some locked in contracts and confirmation of 20,000T production will see steady growth.
Im not too fussed as looking to accumulate under 35 cents.
CMC Price at posting:
24.5¢ Sentiment: LT Buy Disclosure: Not Held