Jojo,Well put.Eventually we will have an oversupply situation in...

Jojo,

Well put.

Eventually we will have an oversupply situation in Iron ore as every low grade deposit is worked to take part in the Bonanza.

This is however a way off and I can see strong demand and high prices at least through to end 2012. The growth story is not just about China or BRICS as we have Indonesia,Vietnam that still have a long way to go and together have a huge population (Indoensia on its own is the 3rd most populated country in the world and its infrastructure is currently in a dire state).

BR
Max