Cash is King in Mining Services

Intelligent Investor

Independent Financial Research

Cash is King in Mining Services. For the past decade mining and mining services business have been showing accounting profits but no cashflow. Rio Tinto's excellent recent result yesterday was different. Profit was good, but cash was even better. Dividends were even increased. Dividends! Who would have thought it? Has something changed? It certainly has, and the consequences should be good for shareholders. In this video recorded with Livewire I explain what's changed and why accounting profits are less important than cashflow. &list=TLl49BlafhmlU-A1yRZUlF80bEvf2sz7NM

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Intelligent Investor
Independent Financial Research

Intelligent Investor is an independent financial research service with a 14-year history of beating the market. Our value investing approach empowers Australians to make more informed decisions to build their long-term wealth. We off structural...


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