I haven't got any share yet and never will. Iron ore price will stay low for another 3-5 yrs at least. Even BHP, RIO and Vale admitted they were too positive about China produces 900 mt of steel. Chinese property market is in long term decline. In some areas properties are 30X of avg household income (in Australia with avg family income of $120,000 X 30 = $3.6m property).
2015 we will have Gina's Roy Hill comes online and several mine expansions.
MFE Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
