Yes I heard this news on Monday BMI has increased it's target for Iron ore from $100/ton to $120/ton.
If this isn't a good reason to get firm contracts signed and this stock trading again I don't know what is.
US dollar starting it's run down now with AUS dollar increasing. Gold on the rise. To me it looks like we are heading into a new phase in markets.
Lower interest rates to come and increased demand. Hopefully with inflation under control in the later half of 2024
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