The Australian Rio iron ore expansion manager David Joyce...

The Australian
Rio iron ore expansion manager David Joyce expects demand to increase by at least 800 million tonnes a year over the next 8 years ,more than the combined existing production of Australia and Brazil.
Goldman Sachs has lifted its price forecasts for iron ore .
Pilbara iron ore fines for calender 2013 by 33% to us$160 per tonne and by 32% to us$125 for 2014, on its growing confidence market tightness would persist, but held its 2015 forecast at us$95 reflecting its view of lower long term prices.
Today's West
FMG and other companies are cashed up and looking at expanding .Which may include M/A
So my friends I think EIO is well placed to take advantage of these interesting times .