below $1.00, page-10

catabear,

You said: Note, I still hold but becomming fed up with inaction by the company. I remember AGO shipping 6MT and the market valuing it at $4.00+. Now close to 12 MT and we are under $1.

I just question your logic here. Inaction by the company? What have you wanted them to do? The company with its inaction has doubled output. But the Sp has not tracked the production rate. Is that the company's fault?

For me this clearly demonstrates that what the market does can bear no resemblance to what the company does.

Given the IO sector across the board is down and the market is supposed to be forward looking I wonder if we might read into this that much lower Fe prices are possible in the near future.

cheers

redgum