Member Info for LythamSlim8

http://seekingalpha.com/article/4042857-iron-ore-defeating-doomsday-scenario-part-2-rising-free-cash-flows-return-dividends

Positive finish on a high volume day ?

& Decent volume on that dip - onwards & upwards

£1.525

Just took 15 minutes to buy another 25k shares. The price was in backwardation at one point £1.66/£1.58

Could well see the mid £1.50s before it trades @ £1.70

Quick breather before attacking the £1.70 level & the £1 billion market cap.

The price behavior here is reminiscent of Kaz Minerals as it approached £1 billion market cap at the end of September 2016 - Kaz just gone through £2 billion. It wouldn't be surprising for FXPO to take out £1 billion in the coming days, which is around £1.70, & then onwards to £2billion market cap through the spring

http://www.bloombergquint.com/markets/2017/01/31/the-party-s-just-getting-started-for-iron-ore-exporters

Fortuna audaces iuvat

Fortunate audaces iuvat

Suggests to me the institutional investors are onto this share - expect some big moves

Top of the flag formation - just picked up 10k @ £1.3275. £2 on the cards in short order

https://www.bloomberg.com/view/articles/2017-01-17/ukraine-has-a-survival-strategy-for-the-trump-era

Geo-politics driving the markets presently - the world is in a state of flux, the scale of which I have never witnessed. Ukraine is a proxy fulcrum between US & Russia.

Opportunity knocks @ £1.225

There's no doubting the fundamentals, & yes based solely on the production figures, cash balance & iron ore price the sp ought to rise from here. The gamble presently is the geo-political situation in Ukraine. Mucho sabre rattling this week before Don's inauguration. Who knows if Russia will test the US over Ukraine. Who can discern Don's position from day to day? My guess is this week is peak world conflict before the negotiating begins in earnest. Ukraine will be ok & will join the newly formed EU with Russia. The sp will go north before you see all this in the news.

Now that would represent a bargain - does look weak here though

Wouldn't be surprised to see a positive finish

Appears to have broken the upper channel of the flag formation on decent volume - implied target £2.00