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From 2003-2013 io prices were around FIVE times the long term...

  1. Bris Vegas
    1,244 Posts.
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    16/02/15
    21:58
    Post #: 14765315
    From 2003-2013 io prices were around FIVE times the long term average of US $30/tonne (adjusting for inflation).

    None of these small miners should have ever started production. Most (if not all) of them will go to the wall or be taken over. RIO and BHP are the only producers who are not at risk.
    ARI Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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