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..
Iron Ore Price, page-46
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