re: News: BHP Billiton warns over looming str...
I would like to think the cartel can look after all IO hopefuls in OZ by keeping a Floor under the IO price to help everyone survive ..against the Chinese IO Production Machine they are Building in the Pilbra for THEMSELVES like CIVIC 10B spent so far , GBG Half Owned already by CHINA , now AQA etc etc ..
IF IF IF .. the Cartel of the big 3 or 4 don't help the MID TEAR Miners by holding IO prices UP at $100.. then the CHINESE will take them OVER ..and that will be a bigger problem for BHP RIO and Australia than AGO MGX BCI GBG GRR Staying and Surviving the Chinese Manipulation of Port piles and IO prices JUST to Takeover our Miners CHEEEEAAP when we panic out...??
FMG Price at posting:
$4.56 Sentiment: Buy Disclosure: Held
