Truth time!, page-14

Agree totally confused!!!
Has happened again and again with every commodity in mining and agriculture. Everything is cyclical. Prices are up, everyone gets into it, flood the market, price drops, producers squeezed and mothball or change product produced( for ag), then a shortage, price goes up and we start again!!! IO is screwed for ages unfortunately as there are still massive projects (Roy Hill), to come on line. The only potential silver lining for GBG is that China wants to clean up its act and reduce pollution. IO and coal are front and centre of this clean up.... Time will tell.