AQA 0.00% $3.37 aquila resources limited

Nice to know I'm not on my lonesome yarrum2. As to your question...

  1. 2,984 Posts.
    Nice to know I'm not on my lonesome yarrum2. As to your question on RHI, no idea as I don't hold it & don't follow it.

    Great to see the Fe spot price starting to edge up again (over US$142 per tonne) after a dormant week given the Chinese New year holiday week. Other promising signs for all Aust Fe miners is the basis elimination of exports from India due to punitive tax to severely limit their exports to China & the development in the past couple of days that China has stymied the plans of Vale to utilize mega ships to transport ore from Brazil to China by banning them from Chinese ports after only one voyage which arrived last week. These developments must be promising for AQA, FMG, BHP, RIO and the lesser miners in WA.

    Improved conditions in the US have significantly buoyed confidence in that market (best January share market in 20 years) and slightly increased confidence in Europe given that Greece may announce a deal with creditors at any tick of the clock.

    BHP have just announced today a billion dollar expansion at Port Headland to lift their exports by over 100m tonne pa.
 
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