The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
of course they could but it would be most likely to get brockman not hand**** of course every tonne of dso matter but i would think rio would be more focused on 100+ milloin tonne projects . a mid tier making a bid could be more likely . saying that their isn't that many players in iron ore it's very top heavy
STR , no idea pal I but gut says UFO. I sold some of my GGP this week, got a little left. I think they both good long-term plays for different reasons. Exposure to Gold/inflation concerns and exposure to an industrial metal DSO and potentially PGM. I am surprised more of the Lithium gang havent joined here. Australia is the place to be vs africa personally
Pull backs are to be expected on the way up wouldnt worry about it. Most of us want >2p again which a long way away so dont be surprised to see +20 % days followed by -5-10 days. As long as its producing higher lows from here
Sure I get it , 2 years from now I hope we just look back in profit and I will take away the knowledge that these things/mining projects take longer than I expected and bare that in mind for the next gem I try find
Norm , DSO will always get some premium, especially if the industry tries to go green. Price will eb and flow, but the world always needs steel for any project. Does it need Gold as a commodity? The advancement of Earth does not need Gold its just a hedge for investment purposes. I think there will always be supply for Iron and with inflation I think >$120 will become the new baseline price.