GRR AGO BCI MGX

I think IO could stay lower, and for a lot longer than many...

  1. BenXinvest
    1,112 Posts.
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    10/12/14
    17:42
    Post #: 14440461
    I think IO could stay lower, and for a lot longer than many people realise ? In inflation adjusted terms the IO price should be around $30/tonne - a price that will still be profitable for BHP/RIO after their cost cutting/tech /efficiency measures mature
    AGO Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
    BCI Price at posting: 39.5¢ Sentiment: None Disclosure: Not Held
    GRR Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
    MGX Price at posting: 21.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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