Vale has huge problems not disclosed and its dams are ticking time bombs in a corrupt Brazil system.
So whatever it now says should not be believed and only actual shipments landing in China from Vale may give us some truth as to what its production recovery is like -which had yet to be seen.
Don’t be fooled by certain posters who use hindsight to lecture us with bs (to make us sell) using big convoluted words to appear smart (in hindsight) with one aim : to advocate selling only.
I am not selling and feel confident the sp will hit $9 again as soon as IO price recovers to reflect the obvious shortage in supply
Iron ore price, page-14636
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |