TYX ARI TRF

IFE website says its iron ore is 40%Fe - ARI is selling iron ore...

  1. curiouswon
    3,823 Posts.
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    21/08/14
    11:04
    Post #: 13850266
    IFE website says its iron ore is 40%Fe - ARI is selling iron ore for export at 58%Fe, and price of that is discounted as against 62% benchmark.
    IMO 40%Fe won't be worth anything.
    ARI is just (possibly) helping IFE by doing some testing for them.
    TRF Price at posting: 5.9¢ Sentiment: None Disclosure: Unspecified
    TYX Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
    ARI Price at posting: 87.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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