FXR 0.00% 0.2¢ fox resources limited

fox on the run, page-8

  1. 897 Posts.
    vry good points, seem to remember they hit 0.31c
    back in end october.

    anyhow, chinese iron ore import in dec was 62mt I think
    all time record. This year will see alot of new capesize
    ships being delivered into the shipping market.

    Port Hedland iron ore export expected to 3x within next
    3 years from 145mt or so last year. Sure will also see
    some developement in new port okinshawhi or what they
    will call it, north of Geraldton.

    Iron ore price nego hot topic again, spot prices now (today)
    almost double last years annual contract prices.

    Long way to the top of the mountain, oscar - but it will
    take time to develope. But I bet they will ship iron ore
    long before Sundance in Cameroon.








 
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