next 6~12 months a very critical time, page-2

marketscan, what's your 5 years chart actually tell you? MACD bottom golden cross up? RSI didn't retreat even sp down 30% over last 6,7 days?

all the micro economics are working in favour of all miners, not only IO miners, I hope you were not those doom and gloom on gold miners 2 months ago, nickel miners 12 months ago etc ...

these days, IO price, like copper, or other base metal, they are only one of many factors in the equation, look at spot gold, they are still 500 dollar off its peak, but because of AUD, they are only 200 off from peak, if AUD down below 80c, they will be there!!! but chinese gold miner still struggling to gain momentum as Chinese yuan is still high.

diesel is another big factor, price 50% down, that's 1/3 of mining cost for those remote miner down 50% = 30%*50% = 15% of overall costs!!!
plus 1/3 down on freight.

government royalty discount etc

by all means, all IO producers are here to stay stronger than dying roos 12 month ago, they are now flying roos????????