In the 15th June announcement, Andrew Roberts said:
"Further results information will be provided with the company’s full year results announcement, scheduled for 19 August 2015."
Not sure what results are out next week. Maybe a mining statistics update?
In that 15th June announcement Andrew Roberts also said:
“We have made significant progress across the company to reduce costs, including work in Mining to reduce our targeted FY16 cash breakeven iron ore price to ~US$50/t for the export business, with ongoing flexibility."
With market prices already at this level, I guess any announcement that Arrium has been selling iron ore at more than US$50/t will be seen as positive. This is likely because most of Arrium's Iron ore sales are not on the spot market. However all this will be historical. If Arrium announce that they have further reduced the cash break even price to say $US45 in the future, that would be very positive. Otherwise I think we can expect any share price reaction to be ho hum.
For me the 19th August update will be the important one. That's when we find out about Steel and Mining Consumables.
SNOOPY