no offence meant mate. appreciate the info, was merely passing comment on the fact that it even made it to press from the chinese.
kinda shows desperation from them doesnt it.
they are trying to show the old "we dont need you as much as u think we do, so we'll run the pricing negotiations" tactic.
if it was from 100m under cover we'd probably sit up and take notice, but from those depths, forget about it. that ore wont see any sunlight till at least 3 ice ages from today.
UMC Price at posting:
86.0¢ Sentiment: LT Buy Disclosure: Held