SP's got ahead of IO price, GRR benefited little, Vale lost on expectation of future losses. Are we facing a future shortage of iron ore or is just speculation driven by speculators?
Dam collapsed
23 November IO price collapsed
Definitely times to make money or loose money. The quantity of IO mined today is pretty much the same as last Friday. Approximately 300 dead miners make billions for others in just a few days. Where is the sense of this? Anybody to predict IO price in two weeks when situation stabilizes?
Push through 60c looks nigh, page-32
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