Definitely no one was predicting the rapid decline in iron ore price (as memory serves me experts were holding onto popular theory of floor price of something like US$70 as floor based on below this all Chinese supply would be uneconomic). Athough quite a few pundits over last six months have been predicting a $30 io price is where will end up.....with Roy Hill still determined to come on line and BHP and RIO not changing their supply strategy - io price will remain bearish for some time....and see downside not upside on io price. Hope they work something out so you can salvage something out of this.
- Forums
- ASX - By Stock
- AGO
- If AGO goes into administration
If AGO goes into administration, page-26
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online