Shaneoz
07-06-2010, 01:06 AM
Hi Guys,
Has anyone looked at this share in detail?
From a quick look over, it looks to be a rapidly expanding producer and mine operator. Earnings are low but I dont think it is carrying too much debt so thats a bonus in this enviroment.
The chart looks ok. It had a bad time over the gfc... down to 1/4 of its all time high.Back up to 50% now or thereabouts.
Not having any projects in oz should give it an edge over australian exporters with the introduction of the gfc. In fact it looks like it might take a few mtpa off australian exporters.
Any thoughts?
Cheers,
Shane.
Has anyone looked at this share in detail?
From a quick look over, it looks to be a rapidly expanding producer and mine operator. Earnings are low but I dont think it is carrying too much debt so thats a bonus in this enviroment.
The chart looks ok. It had a bad time over the gfc... down to 1/4 of its all time high.Back up to 50% now or thereabouts.
Not having any projects in oz should give it an edge over australian exporters with the introduction of the gfc. In fact it looks like it might take a few mtpa off australian exporters.
Any thoughts?
Cheers,
Shane.