MFE 0.00% 1.0¢ magnetite mines limited

price firming on the sound of pennies dropping, page-8

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    Micky

    GDP in China

    2010 - US$6B
    2011 - US$7B
    2012 - US$8B
    2013 - US$9B

    Growth of 10.7% based on 2010 GDP figures = $0.642B
    Growth of 7.5% based on 2013 GDP figures = $0.675B

    Just because the CITC deal was poor doesn't close the door on every other deal - if there is a quid to be made and at the same time they can guarantee supply they will be in it.
 
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