"""However, with sentiment heading the way it is, and falling Iron prices, that floor will move downwards very quickly. It only needs to tap it a few times to break through.""
With sentiment heading the way it is...lol...
Andrew Forrest yesterday said in a presentation that he thinks iron ore prices will rise next year by 25-40%
He actually suggested 40%!!!!!!!
And then he expects another round of increased in 2009 before STABILISING
Thts right STABILISING!!!!...NOT FALLING OR RETRACING....STABILISING
SO...that means prices are to rise...and miners values, revenues and profits will RISE TOO......
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