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Who will be the first to benefit when ore turns, page-21

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guennadi

1,118 Posts.

26/11/14

18:28

Post #: 14358942
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Originally posted by peteai ↑

Is the Goal of BHP and RIO to drive out the high cost iron ore miners, the bulk of which are chinese ?

If that is the case, is it possible the Chinese govt is very happy to play that game.

i.e costs a bit to prop up some chinese miners - but China gets ore at $70 rather than $130

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mgx t/h in time. good.

BHP Price at posting: $32.53 Sentiment: None Disclosure: Not Held

MGX Price at posting: 41.0¢ Sentiment: None Disclosure: Not Held

RIO Price at posting: $58.39 Sentiment: None Disclosure: Not Held

AGO Price at posting: 19.5¢ Sentiment: None Disclosure: Held

GBG Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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