If you ask me, iron ore will be challenging all time highs, if...

If you ask me, iron ore will be challenging all time highs, if not exceeding them over the next year.

Managements main focus should be on getting the ore out the ground and perform the feasibility as it mines the ore, at the current prices we will have no risk with regards to cost and the iron ore prices will remain high for some time with Australia being a main provider and Brazil struggling. Even if vaccines roll-out, Brazil still need to recover to pre-covid levels whereas Australia, for the most part, is pumping out at virtually the same rate, if not more. China's demand is also not going anywhere which means even with Brazil producing, demand will still be tight globally.

Sit back and enjoy.