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Crazy isn't it - briefly touched $6,000/ton, up $1,000 this week...

  1. freeheel
    259 Posts.
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    11/11/16
    21:20
    Post #: 20561684
    Crazy isn't it - briefly touched $6,000/ton, up $1,000 this week alone. Has clearly been amplified by speculators but the underlying move seems to be demand based. Attached Reuters article suggests little oversupply in 2016 to overhang into 2017, so the predicted deficits could bite earlier - perfect timing for MOD and their scoping study. Great place to be invested imho

    Last edited by freeheel: 11/11/16
    MOD Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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