Cotton & Western Mining Inc. (CWRN)

[DevilDolphin]

MBIO Index 16/11/11 $145.67/tonne MBIO Index 15/11/11 $141.04/tonne % Change +3.3/tonne $ Change +4.63/tonne The MBIO Index today calculated to $145.67/tonne cfr Qingdao on a 62% Fe basis, a jump of $4.63/tonne. Today's rise is a second significant jump in the index in two days after seeing a rise in Australian spot material yesterday. As was the case when the market was falling, material from other origins is following the direction set by Australia material. 63.5% Indian material has been assessed today to be in the range $148-$150, a jump of $5/tonne on yesterday's assessment of $143-$145/tonne.

Maybe see 170 + by EOM! Go iron!