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Hi JG and Shonan,At least the IO fines index is still rising (...

  1. full-tilt
    936 Posts.
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    31/05/12
    15:02
    Post #: 10248779
    Hi JG and Shonan,

    At least the IO fines index is still rising ( up another 1.7% overnight to $134.80/T )for 5th day in succession.Points to the Floor that FMG and AGO refer to at $120/T or $110/T being realistic.

    Good graph on p20 of FMG presentation in todays announcements, shows that the $130 to $150 band is the safe bet.

    FT
    OST Price at posting: $1.05 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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