Finished mid cycle...
So we will not know the outcome here until we have seen more volume trade.
It is looking good however for the next lot of consolidation in the a mid/high 40's, which suggests an overun scenario to 50c+ is possible.
Still months away from this seeing a decent value swing develop in this however...the eventual size and nature of which is being set up now.
Cheers!
GUJ
gujarat nre resources nl
Finished mid cycle...So we will not know the outcome here until...
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