GREY:FTPLF - Post by User
Comment by
Shortdawgon Jan 04, 2012 12:35pm
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Post# 19369058
RE: RE: Risk vs Reward??!??
RE: RE: Risk vs Reward??!?? - they just raised $40mm of 6.5% unsecured debt... did the Quebec gov't take that down?
- DP prices will go lower... why? more supply... right now there are mills that are slowing down or shutting down cause they are losing money at current DP prices. Look at how many P&P mills are closed and are being converted into DP mills. SPOT PRICE is always relevant. DP will go sub $500/ton
- if Chad leverages 2x's he will bury FTP twice as fast, if he leverages 3x's he will bury it 3x's as fast.
- you are saying that FTP is 50% below breakdown value?? can you show me how you got to those numbers?