Archivos diarios: abril 26, 2015

Vale: Forget The Noise And Think Long Term

  • The S11D project is a game changer for Vale.
  • BRL depreciation will have a favorable impact on both Capex and Opex.
  • 2015 will be very difficult in terms of FCF but long-term prospects are intact.
  • Focus on the fundamentals and on the underlying business and forget about the noise.
 The strongest of all warriors are these two – time and patience.L. Tolstoy

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