AGO 0.00% 4.5¢ atlas iron limited

Iron ore price, page-652

  1. 268 Posts.
    Sorry to get a little off topic here but Anyone got any thought on how low cost county mining will affect us junior iron ore minors over the next few years. I know it's all relevant to demand but companies like NSL http://www.**************.com/upside-nsl-sale-prices-expected-iron-ore-continues-upwards/
    Who can produce much cheaper than us will surely have some impact.  I use NSL as they plan to be in production of similar tones to AGO within the next couple of years around 8 million tones.  From an investment perspective I think the government needs to start investing in cheaper infrastructure to support us junior minors so we stay in the race. Like rail and port expansion, lower duties and taxes. I just feel that short ten we will all do well but longer term it is going to be not so easy. IMO.
 
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