Hi wanchung,I think their are probably various reasons for it,...

Hi wanchung,

I think their are probably various reasons for it, firs of all the whole market seem to be down because of issues in Libya ect.
Then we the cyclones that may hit Port Hedland and surrroundings and ofcourse the shorters would make the most of these negatives.

Hotfire could maybe give us some inside of how many shorters we are dealing with atm.

Lucky we do not sell our iron ore to the middle east, but the markets hate uncertainty and when people get massacred on the streets everyone gets nervous.

We probably have some negative forces working against us for some time.

but the big picture is still intact imho.

jojo