AGO
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0.00% 4.5¢ atlas iron limited

i see softer prices going forwardas the corrective phase of the...

  1. Andrew from Perth
    1,374 Posts.
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    23/04/13
    19:56
    Post #: 11680062


    i see softer prices going forward
    as the corrective phase of the IO 'bubble cycle'
    really kicks in...

    so i see 'rationlisation' with the junior and high cost producers with the diversified 'big boy' producers having
    the ability to ride out lower prices...

    chart was done last year with the suggestion of
    a corrective phase under way with recent price history
    showing IO price stalling around $157 per ton...


    AGO Price at posting: 86.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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