No, that's incorrect, if the IO price returns to a price whereby all the third party contracts are restored, the 2 mines are operating (at a good profit margin) and IR gets a mine extension, then yes, SP should return to ATHs, AIMO of course.
Price of Iron Ore, page-1769
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Last
28.0¢ |
Change
0.010(3.70%) |
Mkt cap ! $201.7M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 27.3¢ | $342.6K | 1.221M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 212408 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 18176 | 2 |
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