iron to drop to 80 - goldman -absolute rubbish, page-2

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    Agree Captain. It is a conflict of interest what Goldman Sacks say.

    Was is not calculated about a year ago that cost of production comes in around 100/ton. The argument then was that it can't go below that because that is what it costs. And when it did go under 100 last September I think it was, it didn't stay down there for very long before it bounced back into the 130's. So at least that is a fact that has happened and can now be used as a reference.

    Goldman prediction is just words at this stage. Hasn't happened at this stage. Unless they make it happen by doing their utmost by playing with it.
 
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