Iron ore price, page-183

Im only going to write this one more time. If you were the boss of FMG,BHP or RIO and throw VALE in just to complete the big 4. You would be talking down the long-term price until the cows come home. Why do you think that is and i know we have a lot of media moron followers on here so here goes.

At $70,80,90 a ton, everybody can make money out of I/O

At 40,50,60 only the big 4 can make money from I/O

The big 4 know the demand is high for the next 2-3 years and beyond if trump gets his way, India expand the rail and China just continues to do their thing. Which means prices stay above the $70 mark

You don't want to leave room for another up and coming FMG who have seen the blueprint on how twiggy has taken over the big boys with I/O.

Never give a sucker and even break in this world and when the board of a BCI or ATLAS or any number of I/O producers look to expand but the big boys are saying the price is heading down what are the respective boards going to say???

We've seen in the past the power that RIO and BHP yield in this game of prices( control much of the media also) and they won't let prices get that low again but on the flip side I'm sure they want it closer to $70 to ensure they don't get another FMG.