CK...I think the players want to cripple Atlas at the expense of others. How FMG hasn't been hit harder with its debt level is stunning in itself.
Imo it shows that AGO is expendable, whereas FMG needs propping.
The iron ore sector is an absolute disaster. Why the Chinese aren't mopping these junior producers up and in turn shutting down the rubbish they produce locally is beyond understanding.
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- Chinese traders tip iron ore to hit $US70
Chinese traders tip iron ore to hit $US70, page-121
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