Labrador Iron Mines Holdings Ltd (LBRMF)

[Shadar]

Iron ore prices to further tumble as China steps up curbs on steel output

China’s curbs on steel productions have also already dragged down iron prices. On Friday, iron ore on the Dalian Commodity Exchange closed 8.1 percent lower at 1,027 yuan ($158.95) per ton, adding to a monthly loss of nearly 8 percent – the largest drop since February 2020, according to media reports.

As long as it stays above about $110 - $120... I don't care. When they finally get around to opening the mine, $2-$3 a share (@ $90 PMT, which is what the PEA projected) is expected. Anything above that....$5 is hopeful, $10 a share would be a dream come true.
Iron ore prices to further tumble as China steps up curbs on steel output