AGO 0.00% 4.5¢ atlas iron limited

Interesting comments from Sam Walsh about commodity prices...

  1. 332 Posts.
    Interesting comments from Sam Walsh about commodity prices "Instead, Mr Walsh struck a more optimistic note. He predicted that demand for commodities is poised to grow sharply as India's population overtakes China's and Africa's population doubles. And while China's growth is slowing, its economy is expected to grow "more in the next 10 years than it has in the past 25 years," he said. "
    Has previously sent very flat messages about the economy but now with pressure on RIO & BHP about over-production, he seems to be sending a different message.

    Will post an update on earlier post when I hear back from the company as to what exactly the US$50 tonne includes. Is hardly installing confidence with differing messages only days apart.
 
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