Monday, February 23, 2015 11:19:25 PM
so its dishonest to apply what i said then when prices are now only ca 33% of 191.90-learn about frames of reference
taking a differential of 1.60 now x 3 = 4.80/% IF price was now what it was when i posted the articles confirming $4-5/ton/% over bench
so u need to learn about frames of reference when misrepresenting
feb 11 when i checked
Platts China Seaborne Trade Spot Sales for 65% Fe was 69.80, plus 1.40 for 66% Fe plus 0.295 for each 1% Fe/u/mt Lump Bonus, that's $90.67 per DMT. They went back to the old system of Lump being more valuable than Fines- so u are missing the import of the value attributed to lumps being more valuable.
just showing u an example of things u are missing sb
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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