5 weeks till agm, page-29

Wonder if they are at an extremely advanced stage whether they'd get caught up in the US debt ceiling debacle. I can imagine a few lenders at a high level ie GM of lending saying lets just hold off till after Friday lol.

If the US defaults the shock wave will be awesome. On the flip side any positive news after Thursday with a deal worked out in congress straight after those sections of the market will go for a significant run the market is a crazy place these days!

Rio's had a bumper quarter too 68.3mt produced and all sold as well. So the sentiment around iron ore is high today judging by BHP, RIO & FMG's share price rises.