CGH 0.00% 11.5¢ calibre group limited

I have believed for a long time that the price of iron ore would...

  1. 1,046 Posts.
    I have believed for a long time that the price of iron ore would fall to around $80.00 based on a large number of cheaper african mines starting production during 2013-2014. Coal is a little different and i have been watching the correlation it has with natural gas. When the price of one rises the demand for the other increases. I have also noticed that their is a lot of consolidation of chinese coal companies with the smaller producers being told to increase production or merge with a larger producer by a set date. Very interesting times in the resource space.
 
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