Clf is probably the worst of the group
It is by far. No one has both their debt to earnings, high cost structure, and Carrabba to boot.
if you must go i/o, go diversified with RIO or BHP.
It's $15 bucks. Enough said.
And if i/o prices stay low, not only Fortesque is going BK. CLF will go way before.
Be carefully. If iron ore prices keep low, Fortescue could go bankrupt quickly because of its super high debt to equity ratio.