Also have to remember any IO potentially coming from Africa to China, has to be shipped a lot further than Australia. Brazil is also a long distance, but has the high grade ore to offset the distance. I am not sure if the ore coming from Africa is high grade or not. But anything happening in Africa is at least 5 years away if not 10 years
What should FEX do with all their cash, page-30
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28.0¢ |
Change
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Mkt cap ! $201.7M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 29.0¢ | 27.0¢ | $653.1K | 2.328M |
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|---|---|---|
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| Price($) | Vol. | No. |
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