gmac55
If China , and by extension , Ansteel, does not need iron ore due to lack of demand / oversupply , ore price drops.
Even if we have rail and port , who buys the ore and at what price.
And is GBG 's Port and ship loader problem free and running yet ?
I admit I don't know the deeper machinations but Fortescue going " belly up " doesn't sound like an idea that would give any iron investor confidence ?
The AGM 's will be interesting , if nothing else ,come years end.
I wish I had more fingers ... just to cross.
Regards to all and during these trying times , remember to breathe !
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gmac55If China , and by extension , Ansteel, does not need iron...
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