clearly, vale have problems with the virus in 2020. but, in 2021?
the pandemic will be away, maybe in one year.
i am not talking about the near future, i try to think, what is the scenario in 2022 or later.
Fmg, everything is fine, and I guess, still in two years.
eliwana, queens, iron bridge will bei in operation, i guess 200 mtpa,
more high quality ore, like wbf.
the pnly question is, are these things included in the fmg share price.
I have no crystal ball.
will be have a hugh inflation globally? possible.
vale can have positice surprises, so maybe, there is more potential.
vale is not the better company.
Mike
Iron ore price, page-23178
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$22.62 |
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Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $22.38 | $22.75 | $22.26 | $74.06M | 3.283M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 87 | $22.62 |
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| Price($) | Vol. | No. |
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| $22.63 | 4000 | 21 |
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