Member Info for LythamSlim8

Rns at the top of this page - trading updates for the next 7 days.

Wednesday I believe.

... Not to be short.

Hear what you're saying Matt. If we forget about investing and look at this from a gambling perspective - the riskn/reward ratio is favourable. I'm in. Bigly.

Yep. Djia in free fall after the 15 minute suspension. It wouldn't surprised me if we put in a base here.

Divi approaching 20%. Results next week should confirm reports of premium pellet production at or near full capacity. 12mtpa up from circa 10mtpa. No doubt more of the debt paid down. Should see a decent divi announcement.

It would be impossible to open from scratch an operation of this scale with decades of output viable for £640m.

Sold a few on that rise Karv. You can always buy back lower with FXPO. Went back in for sizeable chunk yesterday. Trading update next week.

Reckon it will take a 15 - 20% fall for this to bounce.

Latin America heading for full blown crisis mode. Miners operating outside of South America will see boom times ahead as output is reduced. FXPO a massive beneficiary of this situation.

Down almost 6% overnight.

Could go under £1 here.

Added a few k.

Up 2% overnight

Vale last week. Now RIO trimming output guidance s
- should underpin the iron ore price at the same time as Ferrexpo is raising output significantly. Things are lining up for a decent year here.

Mmiprices. Com good for updates

http://www.mmiprices.com/#/en/detail/201804260015

No reason not to see £1.50+ here today.

It's never 'different this time'. Fear & panic sells so any threat is usually exaggerated. However, you usually get another chance with FXPO.

So Ferrexpo expecting output to increase to 12m tonnes per annum by 2021.

I also remember reading of plans to increase to 20m tonnes per annum - anyone know of the likely timescale?

If SP closes higher today this is a potential bottom after that opening panic. Time will tell.

First paragraph - 'prosecutor indicated additional output cuts may be on the horizon.'