I think the market needs to make a decision now the question of...

I think the market needs to make a decision now the question of mine life has been settled with MGXs reported measured resources. If we are to believe the directors forecasts the shareprice needs to go north sharply. If we think the directors have taken a leaf out of Twiggys book and are dreaming, perhaps it should be sold down.

From the buying in the past two days I think the decision has been made which way it will head. I see the rise in MGX against a falling FMG as a positive sign, and when some buying returns the the iron ore market the gradient should be steeper. Volumes are returning.

Next week should be positive, if all other factors remain equal, in my view.