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0.00% 4.7¢ murchison metals ltd

Turville of course assumes by 2015, IO prices will drop to...

  1. Legume
    5,583 Posts.
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    24/03/11
    19:21
    Post #: 8161446
    Turville of course assumes by 2015, IO prices will drop to $50/t... under this scenario, indeed it does not look good.

    But reality says $200/t currently, and despite all the naysayers predicting a burst of the commodities bubble, prices keep tracking higher... why the hell would they not keep shooting higher? simple math, the more you print the higher prices go, and boy have the printers been running hot since the 70s.
    MMX Price at posting: $1.08 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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