Iron ore price, page-55415

Next divvy is a long way off. Another 5 and a half months.
It could be anything from 80C to $1.

We soon find out the last quarterly figures which I suspect will be higher than this time last year
which will give us a small sugar hit.

Still think IO will rise in the coming days. There will be days where it drops as does our share price.
Its the nature of IO prices.

Owning FMG shares is a roller coaster ride.
Just wish we were not spending so much on green hydrogen then into green iron
which simply won't make us any money at all. They spending $1b US on it to make 1500 tons.
They'd have to sell it at near $1m/T to make a profit. It staggers me they still going ahead with it.