In my opinion this news is significant since it will force China to buy from Aus companies at the inflated prices. Plus this will force China to seriously consider great investment in Aus iron ore companies as its relationship with Indian supply is shaky, one company which of course is AGO. Im holding and will look to sell at around $4.50-80 when the international scene calms abit an the sp continues to rise on its fundamentals alone not speculation.
AGO Price at posting:
$3.83 Sentiment: Hold Disclosure: Held
