And just for the icing on the cake, current IO price negotiations between BHP,RIO and the Chinese result in a 50% increase in the spot price of iron ore...holders of quality reserves (like IRM) will instantly see their value rise exponentially...and no doubt the Chinese will swoop and buy up everything they can! My tip is for the IO sector to be the best performed on the ASX over the next couple of years at least...will make the uranium run over the last 12-18 months look average by comparison!
And just for the icing on the cake, current IO price...
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