Ann: Update on Baotou Joint Venture , page-4

  1. 3,666 Posts.
    JID,

    but Cockabidnie drilling to recommence...

    At the moment, spot iron ore prices are rising, and the (perhaps soon-to-be-defunct) benchmark pricing also looks like going up 30+%.

    The market will respond to drilling results and as DSO production approaches. I think CXM has done well to hold its gains after the Chinese approvals. It would look to be a firm base going forward.

    Y
 
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