Loading ...That article is based on a bunch of FALSE premisis that are not likely going forward ..Why repeat those lies ?
Yields of 17 % are NOT what they are paying for debt ! The yield could go to 50% and it wouldent effect what they owe ! What nonsence .!
Future costs are falling as are fuel costs ,any miner worth his salt is hedging fuel costs out as far as he can…..duh !
What a bunch of crap!
He probably works for Goldman Sachs or JP MORGAN or has worked there !