Chinese Olympics finishing up 13-March because the paraolympics are currently on. Shipping price has been sitting around the double price mark versus the triple price peak we saw last year when IO was dropping significantly. Hopefully shipping doesn’t travel up too much and stays hovering. Let’s hope IO goes up to 175 (according to Morgan Stanleys prediction being bullish) and maybe we have a real shot at upwards to 200 would be to give big profit margins for VMS even if it’s just a few shipments.
I’m eagerly waiting until end of March to see what happens with the mine.
Good luck everyone!
Chinese Olympics finishing up 13-March because the paraolympics...
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