Good bye retirement
Forget it Guys you are in dreatime face upto reality Iron ore is in strife. There is more coming o to the market at less profit. Vale is selling their entire fleet of bulk ore carriers at fire sale prices and you expect prices to be elastic and come back up?
what is needed is a message from the board to instill confidence and direction. This to me is a play by Rio and BHP to squeeze the little guys out and cpitalise on building market share. Where has CAP got the cash to fight those giants with a high capex.
Love to know as i cant afford the dark underpants too.
Good luck
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