AXO aurox resources limited

Could be the right time for Charles to do the deal as they look...

  1. 333 Posts.
    Could be the right time for Charles to do the deal as they look out the window at ever decreasing stockpiles.

    BEIJING (Reuters) - Stockpiles of imported iron ore at China's major ports stood at 65.64 million tonnes on Friday, down 230,000 tonnes since last week, industrial consultancy Mysteel said on Friday.
    Among the total, 18.65 million tonnes originated in Brazil, down 150,000 tonnes since last week, the consultancy said.

    Australian ore stockpiles increased by 150,000 tonnes week on week to finish at 22.5 million tonnes, while Indian ores declined 510,000 tonnes to end at 12.3 million tonnes.

    Despite slowing demand, ore prices have stayed at a relatively high level, with the prices of Indian fines at Shandong port up by around 8 percent compared to last week, Mysteel said on Thursday.

    (Reporting by David Stanway, Editing by Jacqueline Wong)

    Mabey this could be reflected in the share price next week if he reterns with some good news.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.