just a thought to below- woould it come down to who pays the most?bhp rio and the likes may not want to loose their market share.i read about this the other day...china looking in west africa wanting to buy up assets and by-passing other suppliers . drarthurs post
"the only issue I see these days is the chinese buying companies with iron ore exposure in Africa - it seems that it will have a diluting effect on the price of Iron Ore.
regardless, we still have considerable upside."
EIO Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held