Very lonely mango.
Yes iron ore needs to turn around.
One other component to all of this is the quebec government involvement with the rail and ports deal. This will be significant and a cash earner for CIA down the road as im sure they will approach other miners.
Not only that the investment funds involved are big players. So cash going forward wont be a problem. One of the funds only tipped in 6mil where as they usually only look at 40mil plus investments.
Best iron ore play going if your view is higher.
Mine isnt, though with government backing keeps me interested.
Champion iron ore, page-7
Add CIA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.53 |
Change
0.040(0.73%) |
Mkt cap ! $2.994B | |||
| Open | High | Low | Value | Volume |
| $5.60 | $5.69 | $5.53 | $5.001M | 897.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3359 | $5.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.54 | 26158 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CIA (ASX) Chart |
