How do persons see this current crash in the iron ore price affecting our plans?
I think no action till the new bureacracy settle in late this year and hopefully have a new round of stimulus that is steel intensive in China.
Hopefully the desire for separate supply soputrces away from BHP and RIO keep the Chinese interest going in the midwest. I doubt we are viable at current spot prices IMHO.
WEE stopped falling in price acouple of months ago and havent travelled down with current fall in iron ore prices which I guess is a good sign
PDY Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
