FMG 3.19% $22.62 fortescue ltd

Iron Ore Price, page-46

  1. 1,247 Posts.
    Meanwhile, BHP has maintained a view that prices are unlikely to return to levels above $US80 a tonne anytime soon.

    Thats ok ..IO at $70.00 is good enough ..for everyone in OZ ..

    Aud will be at or under 70c in 2015/16 .. as RBA must drop interest rates 2 more times in 2015.

    sometime in 2015 .. we will have .. AUD at .70c x IO at U$70t = A$100 IO price

    then OZi IO miners will be happy again..
 
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