I'm in the mining industry director level truth be told its in recovery not in boom as of yet if RBA has an increase before EOF then it will move towards boom levels. I have only seen a +24% increase in comparison of last FY when boom days in relation to current figures would have to reach for +78%(T) extremely possible don't get me wrong but really still only in recovery and still "choppy"
Yes coal is almost back in boom levels once we see another +20$pmt, gold is in the same sort of position and so on and so on... I'm sure you already noticed this with some commodities still lacking (stock piling) its all really now down to the RBA if we brake away from recovery.
- Forums
- Commodities
- Are We Heading for a Mining Boom?
Are We Heading for a Mining Boom?, page-4
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online