new 12 month high reached this morning, page-9

We are too small for BHP to worry about.

We are getting re rated as we are selling our ore now & taking advantage of the price increases.

Supply will not go remotely close to meeting demand in the next 1 to 3 years & then after that the gap will close as the big 4 ( BHP, Vale , RIO & Fortescue ) ramp up production though supply will still be short.

We are here & now & that is our big win.

Also Ridley's sale price would have increased dramatically in the last 4 months as well when only a 20% increase in IO prices was talked about.