I have been watching MCR for over a year, if the price doesn't...

I have been watching MCR for over a year, if the price doesn't move north they will shut operations and sit tight. And imagine if Indonesia drops the ban on exports. 450k tonnes back on the market. I think we'll see MCR trading for well below cash in bank before it makes sense to start buying.

I won't buy until Indonesia drops the ban so we can see the effect on prices, as long as the ban stays in place the threat of all this ore flooding the market hangs heavy.