AGO atlas iron limited
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Vale profits and signals cut to 2016 IO outlook, page-3

  1. shumsta
    1,004 Posts.
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    31/07/15
    09:33
    Post #: 15726093
    The thing is, EVERYONE knows that there is an IO supply glut. EVERYONE knows that Roy Hill is coming on stream soon. EVERYONE "knows" that the price of IO is only going to go down from here.

    And that is precisely why it is going to go up.
    AGO Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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