George Jones, who many will appreciate is a legend in the Austn resources industry, yesterday told the Sundance AGM that he (along with RIO) couldn't see supply of IO catching up with demand until around 2018 if at all.
The nay-sayers last year predicted a 10% reduction in IO prices this year. Well they sure got that wrong given the current spot price!
Atlas sure is in the right place at the right time!
io prices for the next 8 years
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