AGO 0.00% 4.5¢ atlas iron limited

China $81 Billion Stimulus, page-4

  1. 12,819 Posts.
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    Looking forward doesn't look good at all....will it come to a point were much like Gold/Silver producers have currently that the I.O price will head towards what the major producers can produce for .... $50-60??

    The expanding global glut will more than triple to 163 million tonnes next year from 52 million this year, according to Goldman. The surplus is seen expanding to 245 million tonnes in 2016, 295 million tonnes in 2017 and 334 million tonnes in 2018.

    Read more: http://www.smh.com.au/business/mini...-dividends-20140918-10ihwg.html#ixzz3DZn4E7qe
 
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