MGX 4.84% 32.5¢ mount gibson iron limited

What worries me is the slow down in China. I see forward...

  1. 29 Posts.
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    What worries me is the slow down in China. I see forward predictions the Iron Ore spot price dropping down to $90 pt. This will offset much of the gain in export volume thats coming. Im going to predict a short term uplift to 50c after the good news hits in July and then dropping back down in the later part of the year. I hope Im wrong and 90c is on the cards.
 
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