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A few weeks ago FXPO decided to make another eurobonds issue. They don`t have enough profits for debt repayment. And as you said, production volumes decline. Strong sell, as for me.
According to the Company`s recent report, for 10M2016 Ferrexpo reduced commercial iron ore pellet production by 4.6%. The owner is at loggerheads with local authorities... I`m going to sell.
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