Don Hamson
Don Hamson
exceeding expecting keeps market three
The thing is, the market keeps expecting it to set new highs. We have had two or three years of exceeding expectations, so you have to keep exceeding it more each year.
chipping competition facing half position sell trying ugly
It's facing more and more competition each day and that's going to keep chipping away at profits. It's an ugly position to be in if you're trying to sell half the company.
companies contracts degree earnings mining period rising translate
We're still in a period of rising commodities prices. Even if they started to soften, the big mining companies have still locked-in long-term contracts which translate into a degree of earnings certainty.