MGX 1.64% 30.0¢ mount gibson iron limited

medium term io price assumptions , page-4

  1. 262 Posts.
    For what it is worth you can download a consensus forecast from http://www.consensuseconomics.com/files/samples/emcf.pdf

    This is from July 2011, but forecasts include an average 2017-2021 forecast of $157 for lump and $136 for fine.

    Would a consensus taken now be much different? Probably. But if these estimates are worth anything it shouldn't be.

    Yes, there is a big boost to supply anticipated. That is still some way off, and probably further off than predicted at the moment. Big delays are typical of just about every project I have come across. Demand is steadily increasing however, so prices have plenty of potential to spike in the next couple of years.
 
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