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Wednesday, January 11, 2012 9:51:47 PM
http://in.reuters.com/article/2012/01/11/australia-cyclone-idINDEE80A0JY20120111?feedType=RSS&feedName=worldNews
9" of rain expected to fall on the heavily operated mining areas of the Pilbara with winds in excess of 120km per hour.
I apologize if I seem insensitive to those who live in the region of this natural disaster. Please do not think my heart is not with those riding out the storm. In noway do I wish them any harm.
I am posting this purely based on how market sentiment behaves when matters as such occur. If winds damage the shipping terminal there may be serious delays on shipping as well as damage to railways and production in that region which could create an increase in iron ore market prices.
GLTA...CWRN Long and Strong.
Last Post for the night~ This time I'm for real~ ;)
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