Why WA tells Junior to keep staff ?, page-2

  1. carnage
    257 Posts.
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    24/12/14
    08:49
    Post #: 14504528
    I don't like how the gov is saying they are 'buying time' for juniors miners. If IO continue to fall ($65.6/t), unless the WA gov subsidise the juniors until the market picks up (now there's an idea), there will be more job losses and unfortunately the juniors will not survive.

    What the juniors really need is the IO price to be north of US$70/t.
    BCI Price at posting: 47.5¢ Sentiment: None Disclosure: Not Held
    FMG Price at posting: $2.55 Sentiment: None Disclosure: Not Held
    AGO Price at posting: 14.0¢ Sentiment: None Disclosure: Held
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