iwish,
BCI and FMG both receive well below spot price for their ore due to their grade/impurities, AGO as well who will do really well to survive the next 12 months.. did see how short their CR came up last week?
i'm Downramping am I? with what facts?
criticising the competent person involved with reporting on FMS? absolute rubbish, paste the critcism here then?
IO price rise? who the hell knows, there is alot of new supply coming online which will displace the higher cost ore for many many years.. that has a bias to downward price pressures if you disagree so be it its just my opinion, if you think $110/t is around the corner well no comment needed for that one...
World Bank link:
http://www.*.com.au/world-bank-expect-more-big-falls-in-iron-ore-prices-2015-7
does that make the World Bank downrampers?
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