Yes sir!! Apparently we are allowed to talk about purchasing toilets on this thread, but not actions that will affect iron ore price?
ok iron ore price related..
if Vale had to action based on Senate findings (please see other thread for details), then this will cause many more mine shut downs.
I expect iron ore price will jump up more today.
I expect FMG to gain another 50-100% this year. Once institutional yield chasers start to trickle in, it will trigger a FOMO amongst the others, then the share price will get silly and we will need yet another thread on Big E's plumbing (or maybe not, Iron Man's rules for what is allowed in this thread appear quite arbitrary)
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