price firming on the sound of pennies dropping, page-6

I've been to China many times, even know state premier well (good friend). It is very hard to promote Australian iron ore at moment, because a few bad projects in the past.

2006/07 definitely spend massive on infrastructures. Now focus more on buying its own goods produced.

Yes, I suffer from myopia... that's why I sold out ROY and made very good profit, two years ago knowing IO will come down because China is slowing. If you know a good optometrist let me now, because I'm suffer from myopia.

Furthermore, Chinese government is very reluctant on investing overseas assets because of past experiences eg CITIC paid $400m for 1bt mag ore, Midwest etc.