FMS RTA

Right you are trav! If the indians use all of their own ore,...

  1. railgun
    436 Posts.
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    05/01/15
    18:22
    Post #: 14539097
    Right you are trav! If the indians use all of their own ore, that means that none can be exported (supply comes out of world market . Having said that, the indians have already turned into net importers! So India's ore taken out of the global market, and india buying from the global market equals....well, i'm sure u get the picture
    http://in.mobile.reuters.com/article/idINKCN0IV0LX20141111?irpc=932
    RTA Price at posting: 15.5¢ Sentiment: Hold Disclosure: Not Held
    FMS Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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