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๐จUBS on ASX #IronOre miners ๐ง ๐ $BHP Group Ltd (BHP.AU)$ ...
๐จUBS on ASX #IronOre miners ๐ง
๐ $BHP Group Ltd (BHP.AU)$ pricing in ~$90/t, $RIO ~$88/t, $FMG ~$88/t & $MIN ~$82/t
๐ Spot is $97.81/t = Markets have OVERPRICED current iron ore price fall
๐ UBS long-term target = $85/t real (2029)
๐ Still no Buys: BHP Neutral >RIO Neutral >FMG Sell >MIN Sell $Fortescue Ltd (FMG.AU)$
๐ $BHP Group Ltd (BHP.AU)$ pricing in ~$90/t, $RIO ~$88/t, $FMG ~$88/t & $MIN ~$82/t
๐ Spot is $97.81/t = Markets have OVERPRICED current iron ore price fall
๐ UBS long-term target = $85/t real (2029)
๐ Still no Buys: BHP Neutral >RIO Neutral >FMG Sell >MIN Sell $Fortescue Ltd (FMG.AU)$
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