Considering that TAS and FMG have very recently entered into a conditional formal farm-in JV to explore and develop TAS's wholly owned EL 5499 that hosts the Vulcan iron ore/copper/gold/uranium (IOCGU) prospect (only 30km north of BHP’s Olympic Dam), I believe that both intending and existing TAS investors should be keeping a close and regular eye on the iron ore price.
Yesterday in China, iron ore prices surged:
https://www.mysteel.net/article/full-5008616/DAILY--Iron-ore-market-surges-on-plummeting-shipments-.html
It goes without saying that the prices of copper and gold will also play an influencing role.
MB
Iron Ore Price
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