Ferrexpo Share Discussion Threads

[fullbreakfast] 26/2/2021 23:33

...yet the 350p “rubber ceiling” remains in place. Jings!

[blueclyde] 26/2/2021 23:07

Iron ore hit another high again today.

[r9505571] 26/2/2021 17:48

Ferrexpo can now load giant Newcastlemax-class bulk carriers at their port in Ukraine.https://www.linkedin.com/posts/ferrexpo-plc_representing-the-latest-stage-of-investment-activity-6769359377943060481-Whmn

[eggbaconandbubble] 25/2/2021 17:07

I can hardly believe that someone came up with the name 'Capesize" for a class of ship.

No guesses as to what nickname they have!!!!

[bellbottom] 25/2/2021 09:04

Been a dearth of Ferrexpo news recently, which is no bad thing! I am still patiently waiting to hear that the ex CEO has been welcomed back into the fold and all is well again?!

In the meantime, a nice piece of good news that will no doubt be expanded on in the 17th March Results.


Ferrexpo has for the first time shipped its iron ore pellets on board a Newcastlemax ship.
The cargo was shipped to China for Baowu.
A Newcastlemax has a length of 300 meters and a width of 50 meters and can transport 185 thousand tons of pellets, up by 15% compared with a Capesize.
In 2020, Ferrexpo increased exports via seaports by 32% YoY, to 9.24 million tons.
(Ukrainian metal)

BB

[undervaluedassets] 24/2/2021 19:12

see my post 7845

Think I got it sort of right.

[thags] 23/2/2021 18:11

This years dividend has been 39.6c around 29p which should be straightforward to maintain.
What a correction today, that was harsh and not deserved, drop of 25p from 230pm yesterday

[hahmedk] 23/2/2021 11:02

any one got any clues about the divdends being paid out on this stock?

[zho] 23/2/2021 07:06

Finals on 17th March. Conference call and webcast at 9am.

[denziiil] 22/2/2021 17:35

also like Glencore, very, very much.

[denziiil] 22/2/2021 17:33

And yep, what the hell was that drop today.?

[denziiil] 22/2/2021 17:32

sorry Almagreira,thanks for the tip.only meant that I prefer to invest in companies with handsome cashflow as opposed to future ones.absolutely can see the potential, but happy with jam today that's all.

[zho] 22/2/2021 17:32

arieljcohen

It's a Chinese site. They do update almost every day - at roughly noon, our time - but not during Chinese holidays. We've just had the Chinese New Year holidays - from the 11th to the 18th (?) - which is why the site hasn't been updated during that time.

[arieljcohen] 22/2/2021 17:24

thanks for this :) - didn't realise prices are that sticky - they only seem to update every few days?

[zho] 22/2/2021 16:22

arieljcohen



Tick the '65% Fe pellets premium' box on the left to see what premium FXPO are getting for their pellets.

[arieljcohen] 22/2/2021 16:19

what site do you use to track Iron Ore? (I don't have a premium ADVFN subscription) - TIA

[blueclyde] 22/2/2021 15:50

Not sure but iron ore hit another high so it's all good.

[arieljcohen] 22/2/2021 15:07

What on earth just happened? Dropped from 355 to 344 in the space of a second?

[almagreira] 22/2/2021 09:35

@denziiil1, no problem.
But sometimes it's not bad to get tips on other shares in a forum.
Iron ore is not the only raw material. Copper and others are also doing very well.
Taseko, which are also traded in london. They also belong in every portfolio.
There is also a lot in Australia
I'll stop now too. I just wanted to point it out.

This is also very interesting!

[denziiil1] 21/2/2021 21:41

I think i'll stick with the money printing machine here thanks

[thags] 21/2/2021 21:30

Which platform is it on?
BKI

[thags] 21/2/2021 21:29

I'm sure bellbottom shared this a while ago. I couldn't find the damn ticker then forgot about it. The investor presentation did look good.
Will look into this, thanks almagreira

[almagreira] 21/2/2021 21:16

• Existing infrastructure in place with surplus capacity confirmed underMOU
 Access to the site via a pavedroad
 State-owned rail and power lines located within 2km from the site
 Four bulk tonnage ports accessible by rail 250km to 430km fromsite
• 8 km away from city of Kryviy Rih with population of 750,000
Significant
Resource
• Large iron ore deposit
• NI 43-101 CompliantResource:
 646Mt Measured and Indicated resource at iron grade of 31.6%
 188Mt Inferred resource at 30.1% grade - which will be concentrated to c. 68%iron
• Significant potential for resourceexpansion
• Strategically located in close proximity to target markets: Western Europe, Turkey, Middle East and Asia
• c.25% shorter transport distance to Indian and Chinese markets relative to North & South American mines
• Surrounded by 7 producing iron ore mines (adjacent to ArcelorMittal and Metinvest / Evraz)
• Ukraine becoming increasingly business friendly: ranked 60 (out of 190 countries) by World Bank’s “Ease
of Doing Business Rank” (vs 150th in 2012).
• Phased build starting at 4Mt p.a. and growing to 8Mt p.a.
• After-tax NPV of US$1.4bn and IRR of 34% (@ US$62/t base selling price vs current actual of~US$90/t)
• Low unit cost of production and first quartile on capital intensity
• Competitive corporate tax rate of18%
• Experienced management team and board with history of creating value for shareholders
• Team experience includes Rio Tinto, Consolidated Thompson and Roy Hill
• Respected Ukraine professionals and former Government Advisors

[foxy22] 21/2/2021 18:36

What's the background on this stockUkrainian iron ore pelletsIs this a micro cap