The iron ore price on July 1, 2020 was about $82US/T.
Around November 2020 it was about $115US/T
December 31 it was about $152US/T
The average price in this period is about $120US/T
and predictions are $1.40 for the divvy on Feb 18.
Think abut the next divvy with the Iron ore price very high since January 1.
Normal course of events the price would have dipped by now but still up over the $160US/T.
The next 6 month the average price might be $140US/T to $160US/T which means
a far fatter divvy later this year.
The iron ore price on July 1, 2020 was about $82US/T.Around...
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