Done deal Hottie, a 10kt cargo from Sydney to Melbourne at...

Done deal Hottie, a 10kt cargo from Sydney to Melbourne at $75/t. Imagine the headlines tomorrow? Iron Ore Sinks Australia DOOMED!!!

Then the next day, I'll sell back to you at $150/t? Imagine the headlines that'll create? Iron Ore Flourishes the Mining BOOM is Back.

The market maker bid-offer is set at US$92.5/t - US$98.5/t DMT CFR for 62% Australian fines, so we'll have to do the transactions off-market :)

There weren't any spot deals yesterday, so we've got no competition to rig the market and headlines :D