Love it. I almost spat out my coffee with glee. Isn't it just magical that recently the world is finally sounding upbeat towards commodities which were forgotten towards the end of the bear cycle when doom screamed it's loudest. Since IO technically bottomed late 2015, early 2016 I'm amazed it's taken so long for expert analysts to see the sunshine. Aussie IO companies are cash cows, debt will be annihilated and this story has just begun for Australia.
Global supply is peaking.
Demand is ramping up.
Plain and simple.
In opinion, we will have:
Strong IO demand from China.
Increased IO global demand
Increased IO demand from SEA and Africa
Increased IO demand from US (incoming)
Increased imported IO demand from India (incoming)
It's going to be a fantastic few years for commodities investors.
Iron Ore Price, page-18012
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