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https://www.riotinto.com/en/news/stories/fuelling-our-trucks-with-renewable-diesel
I see CS are being to continue airing their views. Why would we want to listen to a risky non profitable brokers views after its collapse! haha
They have 7000p on RIO’s target. Maybe the broker who publishes these shoukdv checked the currency symbol before posting. Think it should be $70 haha!!
Anyhows, the Spt target i have of retesting is around 58-5900p in the next 90days.
still holding here from messily low numbers at 1345p and top up 2750p, along with BHP at too.
This high level visit of Taiwan to US is going to be a first. Hope ur goes well.
I’d love it if EU knock sense in XI with visits!
If china attaks the US the share price of Rio, or any other company, will be the least of our worries lol
When China attacks American forces in the Pacific and invades Taiwan, possibly in the not too distance future, this will be £20.
Good morning, iron ore futures were unchanged at US$126.01 a tonne yesterday:
https://twitter.com/CommSec/status/1640438632434786306
Good morning, Iron ore futures US$127.73:
https://twitter.com/CommSec/status/1638615361464729600
Good morning, iron ore futures US$128.01:
https://twitter.com/CommSec/status/1638255769308237825
India will spend a whopping 1.7% of its #GDP on transport infrastructure this year—around twice the level in America and most European countries:
https://twitter.com/bqprime/status/1638193764110934016
Well the divi even after the cut is looking extremely enticing again at this stage.
Doesn't seem as if this has hit the bottom yet.
Exactly proved my point of clueless people in charge of this giant company
This needs to change
These charges are very serious and can damage the brand sometimes permanently
Some people on top should go including CEO
This practice is quite common nowadays in corporate circles and and not unknown to our royal family.
Bit worrying. Also no smoke without fire but why pay the fine without either admitting or denying the charges?
RIO TINTO PAYS $15M TO SETTLE GUINEA BRIBERY CASE
(Sharecast News) - Rio Tinto has agreed to pay a $15m penalty over bribery charges brought by the US Securities and Exchange Commission, involving payments to a consultant in Guinea to keep mining rights over a project in the country.
The investigation found in July 2011 the company had hired a French investment banker, a close friend of a former senior Guinean government official, as a consultant to help Rio Tinto retain its mining rights in the Guinea's Simandou region.
Rio said it would pay the charges without admitting to or denying the regulator's findings that it violated internal accounting control provisions.
Another investigation into the same incident by the UK's Serious Fraud Office was launched in July 2017, and is still under way. Australia's Federal Police force is also probing the incident.
Good morning, iron ore futures rose by US5 cents or less than 0.1% to US$130.09 a tonne yesterday as a fall in shipments through one of Vale's biggest export terminals in Brazil timed supplies to a global market that's tightening as demand from top buyer China picks up:
https://twitter.com/CommSec/status/1636084342450716673
It's gone ex-divi now but technically around 7.5% annually based on the last two announced divis.
It’s sell now ask questions later it seems as so much negativity in market now. What’s divi equivalent to at 53.90 share price?
Price of iron ore is roaring away but stll folk are selling, beggars belief doesn't it.
Good morning, iron ore futures US$130.04:
https://twitter.com/CommSec/status/1635723473975930880
Avocet
Thanks, I vote for that... ;-)
If you were in that results update and seeing the poor and sloopy responses of their top managers and directors to the questions which was asked you might have said the same. It was so embaressing, they were so nervous and clearly were making up some of the answers because they didn't know it. The CEO himself was struggling too. Who are these people running this giant mining company which clearly not doing as well as it should considering the resources and potentials?
So yes, I will consider it, but very hard work to clean up the mess they created there.
This company has a potential and can do much better than this. To me the share price should go to above 9500 if they knew what they are doing
Lots of money and time have been wasted, bad decisions which costed shareholders loads of money and losses
Come on
IMHO
Good morning, iron ore futures rose by US$1.05 or 0.8% to US$130.49 a tonne yesterday following a drop in inventories at Chinese steel mills:
https://twitter.com/CommSec/status/1635369035075567616
I think we should make stockready1 CEO. Clearly he knows a lot a about the management of a mining giant. Much more than the current bod, so much is clear from his post!
I am not qualified to give investment advice, Throneofgames, but anyone can use logic to determine the best potential forecast given the information available. After that, it comes down to research and luck. Ballast is needed in a portfolio to temper the more speculative investments.
Good morning, iron ore futures lifted by US$2.11 or 1.7% to US$129.48 a tonne yesterday as data showing higher Chinese steel output lifted sentiment:
https://twitter.com/CommSec/status/1633927293365256192
Loggy
Thanks you; that makes sense
However I still think despite the divi this will go all the way down below £50, not making enough profit means bad management while the market is to their favour. This means they are wasting. I joined one of their AGM live meeting and truly some clueless managements who didn't know nothing, that was a year ago and I hope they are sacked but to me this company has potential and can do very well if managed well. I wasn't even impressed with CEO either, I think they need to re-think what they are doing and think well. This company has huge potentials but I truly think some clueless in charge which they need to go.
I hope decision makers see this message and do something about it that is the only way we see push beyond £80 mark, that is the real potential here but sadly been missed because of bad managements.
IMHO
GLA
DYOR