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  1. #1981
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    And there are many buying EV's and plug ins etc etc because they are fact based people who are deeply concerned about the SOH of their planet and are leading by example.The more one sees them on the road the more it starts a conversation and starts others thinking for example, but I believe this is a subject for the appropriate thread.

  2. #1982
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    Quote Originally Posted by Beagle View Post
    Rio might take the view that the costs and timing of same are quite different than many might imagine. In any event we have seen massive shut down's of vehicle production from many manufacturers and demand for aluminium must be very weak.
    https://www.marketscreener.com/NORSK...cuts-30263732/

  3. #1983
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    GENERAL: MEL: Smelter to reduce consumption during COVID-19

    Rio Tinto had

    advised Meridian that it will provide the market with an update on its review
    by the end of the first quarter in 2020.
    Last edited by Joshuatree; 31-03-2020 at 11:53 AM.

  4. #1984
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    http://nzx-prod-s7fsd7f98s.s3-websit...981/320003.pdf

    Here's a link that works. Isn't it the end of the first quarter in 2020 today ?
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  5. #1985
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    Yes, but note:

    “NZAS has advised us this possible reduction is not related to the wider Strategic Review currently being conducted by the smelter’s owner Rio Tinto,” adds Barclay.

  6. #1986
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    Think it must be RIO's first Qtr results which was on the 17 th april last year.

  7. #1987
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    Possibly a time zone thing...? Perhaps an update post market close today.

  8. #1988
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    Meridian falling hard today. Currently down 6%
    Now I see all the power companies down somewhat.
    Just regular fluctuation of perceived long view or just simply that buyers have really dried up.

  9. #1989
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    Quote Originally Posted by tobo View Post
    Meridian falling hard today. Currently down 6%
    Now I see all the power companies down somewhat.
    Just regular fluctuation of perceived long view or just simply that buyers have really dried up.
    Just a few punters scooping a 30c extra dividend knowing tomorrow SP will raise again......... then game can start afresh

  10. #1990
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    MEL went x divi on the 30th march.

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