So Brazil’s Vale has halted mining at its Itabira complex, surging Iron ore prices world wide. (refer: disallowed/business/markets/asx-set-to-surge-on-us-jobs-report-iron-ore-prices-20200608-p550i1.html)
Not that I have heard about Chile's COVID climate, but seeing that Vogue is showcasing BLM and COVID is now 'yesterday's news', the world stage certainly seems ready for ADY to finally open the gates and FINALLY commence production of iron ore. Adding that China is allegedly pissed at Australia, I doubt their hunger for Iron Ore isn't any less and ADY and its overseas iron ore is an answer to satisfying that hunger.
By technically, with iron ore product as the security, from a desktop perspective is hard to ascertain any overwhelming risks that couldn't be mitigated or managed by a financial institute whom can support ADY into production.
So, where to now?
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0.7¢ |
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Mkt cap ! $18.40M | |||
| Open | High | Low | Value | Volume |
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