With a 65% increase for Iron Ore you would think the share price would have stayed at $1.30, but remember this price was excepted by the Japanese and Koreans, China has yet to agree and our Ore goes to China.
But we are in the ball-park, 65% is fantastic news i have just taken the top off a heineken beer to celebrate, when China agrees it will reflect in the SP.
Long-haul holders will be rewarded.