Chinese traders tip iron ore to hit $US70, page-12

  1. rcman
    11,699 Posts.
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    06/11/14
    15:58
    Post #: 14246881
    Thanks kate. Had a couple goes today for a few pips, not my luck.

    -------------------

    At 70, BHP won't have too much of a money maybe$1-2/t

    So now that we know VALE' cost delivered to china's are higher than FMG' and they lost a cool $Bil last 1/4 what is there plan of action now ? Keep losing ?

    What about FMG ?

    This price cant last much longer, or can it ?
    BCI Price at posting: 84.5¢ Sentiment: None Disclosure: Not Held
    MGX Price at posting: 42.0¢ Sentiment: None Disclosure: Not Held
    AGO Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    FMG Price at posting: $3.05 Sentiment: Buy Disclosure: Held
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