Nice 6 month chart 525 next stop ?

Found this that clarifies the matter...

BHP said it will supply 12 mln tons of iron ore a year over 25 years to four Chinese steelmakers, doubling its current sales to the companies, in a deal worth 9 bln usd.

I think my dec point not quite right above should be 1.50p - wishful thinking...

Edit : Dated 1/3/4

casham.... Pity the software has destroyed yr charts - being replaced by "todays" makes it less relevant to yr words. I hope you did sell near the peak, since this stock has been on a downward tilt for quite a while and I suspect without the Chinese pull, it may continue. Their dam failing (DYOR) late 2015 has confirmed how risky mining is.

Others here have posted that this might be the trigger for cutting the dividend ( currently ~9% ) - but it's anyone's guess - since this would be a blow to existing shareholders who may have seen this stock as "Moderately Safe".
(Nov 2015) - I'd like to buy this stock, but cannot believe "now" is the time .

+++ . . . any other views? perhaps on the more-recent Thread.