Most opinion is existing iron ore miners wont be able to increase production quickly. That aside market sentiment should drive aspiring iron ore miners -notwithstanding the China slow down is the wild card. https://www.copyright link/business/mining/iron-ore/iron-ore-could-surge-on-chinas-return-20190209-h1b1vh
But whichever way you cut it very high grade iron ore will survive any situation. I will start buying FEX next week.
Ann: Additional High-Grade Extensions Identified at Iron Ridge, page-51
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $183.7M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.3¢ | 25.0¢ | $497.3K | 1.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 91755 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 30000 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FEX (ASX) Chart |