ELE 0.00% 0.5¢ elmore ltd

ann article, page-2

  1. 3,807 Posts.
    "..The iron ore market is buoyant at present and driven in large by appetite for steel in China and India..."

    unless they go ahead with the export ban from india...still, you will be able to sell it domestically..

    "..As a result of this demand, we have
    seen recent price increases won by the major Australian producers and
    significant interest being shown by the Chinese wanting to take up equity in
    emerging Western Australian pr man Mr Peter Wall said today..."

    if india bans exports of IO, the chinese will be no longer interested in indian IO. this is something you should ask your company about...
 
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