chinese iron ore cash cost $150/tonne!, page-42

Just to add, I have no plans to sell SDL and don't expect to be doing so. I was justifying my confidence to buy highs.

Being a timid buyer will usually get you in just when you should be getting out. Being agressive on the other hand is fine, as long as you are an agressive seller too.

PS. I still have some FMG bought in 2003. I sold some on the way DOWN at $7, which looked pretty good when it hit the low $1s in the GFC. No, not smart, just a very attentive market student.