Imperial, so what you are saying is that due to high IO prices and increasing local demand, exports are being discouraged by increasing the tax........my god....we have increasing local demand, high prices.........sounds good to me!!! Happy for Iron Ore Hills to sell to the locals....it is their demand that is going to rapidly increase, Commonwealth Games coming soon, wealth increasing daily.
India will be the next China, no doubt....and a local mine producing high quality, high % FE is just what they need!
NSL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held