Ann: Iron Ore Production Ramps Up in Peru, page-105

Technically

A bit of a wild ride on the chart today.
Right at 61.8 retracement from 26 cent level, which might suggest a reversal is on the cards. Todays candle slightly supports the theory too.


Fundamentally

Can't be far away from securing the off-take at Apurimac.
The next ann hopefully has secured an off-taker as well as the first DSO product moving to port 570klm away.
Can't believe they are driving the product that far and still making serious margin!
This is going to surprise on the upside here.

All this without even mentioning the WA project which seems to be taking a bit longer to work through.