Bitter and twisted are we for selling too early- your monotonous down ramping isn't warranted.
We have all read your post and there is no need to keep repeating your point. It is irrelevant anyway as CFR had already decided they were going to supply the domestic market. As a result CFR will experience cost savings as their will be no expensive shipping costs to absorb.
"Wherever you stretch your eyes, you see ore," says B. Chidamber, a retired engineer from the Karnataka Department of Mines and Geology (DMG). "It's all ore. No dust at all. Just blast it, load it."
http://www.mmpindia.org/minenews/miningfrenzy.htm
The Karnataka region has the highest iron ore grades in India.
PS: You have still got time to get onboard the CFR Express.
JB
CFR Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
