Most US producers need $160/t-$200/t, so when they say a faster recovery I think they should be more detailed and state to what level
If the are saying a slow recovery to $200/t, which is still hugely short of the $330/t highs, it's a lot different to a slow recovery to $150/t isn't it
Pretty happy with the midpoint of $130/t, funnily enough inline with sharejagger's comments on BHP calling $135/t
CKA Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
