We are too small for BHP to worry about.We are getting re rated...

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.