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dradamIron Ore prices are falling rapidly. Spot prices down...

  1. Paul100
    3,430 Posts.
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    26/05/10
    10:52
    Post #: 6736452
    dradam

    Iron Ore prices are falling rapidly. Spot prices down almost $40 in the last 2 weeks and still in freefall.

    Current IFE Iron Ore project most likely will get up however their is not much profit left once you take away the chinese percentage and the Super tax.

    If the super tax does get up then that means stages 2, 3 etc are all dead
    TRF Price at posting: 50.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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