Well done & thanks as always Muddy.
Context is a wonderful thing.
It shows that this half is tracking for another whopper profit.
Don't watch the speculation that occurs with the SP.
The fundamentals are just fabulous.
I feel with the recent turn around in the daily IO prices, it's only a matter of time before we see some big insto action grabbing bigger parcels.
Due to energy rationing in China I hear that the arc furnaces in are being restricted more heavily than blast furnaces. Scrap demand likely to suffer and impact iron ore positively.
Iron ore price, page-39206
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