Obviously ARI has found more buyers than sellers today.
7.6% off the low on big volume. 2% of market cap.
But AGO and FMG are at their lows and the futures are flat?
Most surprising...
Has the market realized that Arrium sells high grade 60% ore?
I suppose the company silence on grade discounts means they are not experiencing any or they are not material.
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- Is it 60% Grade story today?