ADY 22.2% 0.7¢ admiralty resources nl.

Not me.....Iron ore price is expected to increase next yearby...

  1. 4,334 Posts.
    Not me.....Iron ore price is expected to increase next year
    by $10 or maybe up to $25 which is the highest guestimate I have seen.
    Iron Ore companies have had a fantastic run on the back of China increasing imports by 17% this year and we have a way to go yet.
    Dont underestimate the Iron Ore side of the business and from memory I think it has been valued higher than the Li anyhow. I agree though that the Li future looks quite bright.
    I havn`t been involved in a demerger before so this will be new for me but I think it can only be good.

    Cheers
 
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