$CLF The prospectus has an interesting analysis starting on page S-18 that shows what the 2019 financials would have looked like with fully integrated AK and AM operations which gives us a glimpse into what management sees as what it will become: 17.1B in revenue keep in mind this doesn't include the new Toledo plant or the increase in steel prices. To me it seems like $20B in revenue isn't too far outside the realm of possibility in 2022. Now look at the 3.5b EBITDA forecast by Cliffs for '21 with $975 HRC as the base and tell me LG isn't sandbagging. Can someone tell me why they moved earnings up a month from previous schedule as well? Could it be they just can't wait to prove analysts wrong? My 2 cents
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