Good morning SDL types,
I'm a long-term holder of both SDL and AGO and so have been suffering over the past couple of years or so. There is still plenty of mileage left in the China growth and urbanisation story. With the BJP's resounding victory in the India election and his commitment to development, we now have another large nation on the expansion path, with the building of railways, airports, factories, cars etc that all consume a huge amount of steel and iron ore. Is this a turning point for the iron ore exporters as well as the people of India?
Regards
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