Ann: Chairman's letter - Scheme of Arrangement, page-119

I like rcman, he knows so much trivia and gossip and talks so much BS.

I am optimistic on high quality IO competing on equal footing with ferrous scrap.
I am bearish on medium and long term prospects of sub 58%Fe IO. Vale policy makes sense to me.
Short term, anything may happen, and believe me, as an option trader I know from bitter experience, one has to watch China like a hawk.
I have a view what may happen on Monday, Samboy69 has a view, rcman has a view(I hope), you have a view and we all may be wrong. I could only say about probability that something may happen. I don't see any development in IO pricing affecting prospects of AGO TO.