Is this a re-hash?? From an EIO thread...
"The biggest story in iron ore is not that prices might be ‘toppish’, thanks to slowing Chinese demand, but rather a remarkable re-rating of iron ore reserves triggered by Gina Rinehart’s spectacular $1.5 billion ‘Roy Hill’ deal with South Korea’s Posco, signed earlier this month.
At the stroke of a pen, Rinehart has unleashed a game-changing deal which is set to revalue iron ore in the ground – and ultimately many iron ore stocks across Australia. Put simply, undeveloped iron ore, until very recently, was valued at about $1 a tonne. Under Rinehart’s deal with Posco, the valuation is at least four times higher, at $4 a tonne."
http://www.NOTALLOWED.com/index.php?s=cb3142f8c787d3bf3bc656db904e1fa0&showtopic=1947&st=0&p=784865entry784865
"Just Replace the NOTALLOWED with something like the word share and the word scene as one word..
Looks like at least the SP "should" double some time soon. The rewards are for those who can wait the longest!
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