MIN mineral resources limited

Onslow Transhipping, page-850

  1. 3,920 Posts.
    lightbulb Created with Sketch. 876
    Iron ore is NOT dropping to $70 per tonne ...

    I am pretty sure I read only a week ago that the bear case scenario was $85.

    The IO price may slide a little bit in the short term .. Then comes along the official China US trade agreement - U.S and Chinese liquidity pumps, the steel makers come out of maintenance season and IO sits comfortably above $100 US before you know it.

    So please so me your modelling on $85 please @pastperformer as I would like to see it if you have the time. If at $85 the numbers stack up I sit comfortably.
 
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