How quickly we forget. It was just a few years ago that the doomsayers were screaming that the amount of oil was finite, we would run out and the price would go to $200 a bbl. Similarly, uranium stocks were going to make billions, PDN in particular was the hottest stock on the boards.
Well today oil is at multi-year lows, and PDN has just been saved by 20% being bought by the Chinese, as the U308 price jumps from 28 to $44 a pound.
I have no idea where the Fe price will be a few months from now, but I do know that nobody knows. The same old arguments of "its different this time" abound. We'll see....
iron ore price, page-492
-
- There are more pages in this discussion • 1,204 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.92 |
Change
0.350(1.62%) |
Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $21.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.93 | 18370 | 7 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |