Rio Tinto Share Discussion Threads

[robrah] 30/8/2016 08:35

why the drop well that is just coz christ called it up. keep up mate . lol

[digger61] 30/8/2016 08:32

Slight arb here, 1/2 per cent more drop than BLT.

[stevenrevell] 30/8/2016 08:28

Why the drop

[robrah] 30/8/2016 08:16

should raise ??? down 3 % at the moment lol

[arja] 29/8/2016 18:14

Although the dow has made a good recovery today so far , RIO in USA ( lead market ) is trading at about £24.17 although it trades at about a 15 discount in UK - so about £24 AT PRESENT.

[christh] 28/8/2016 20:42

Coking coal prices are going bonkers



We should see a rise this week

[robrah] 26/8/2016 19:20

i take it christ does not get sarcasm . fair enough. he dint get investing either when he bought rio at it all time high too.

[christh] 26/8/2016 17:26

Robrah 26 Aug '16 - 17:04 - 54294 of 54294

Prepare for it because it's coming.
£30 is coming and with the right wind will get there before Xmas.
If China or iron ore demand , price rises, copper prices rises then will get there sooner.

The trend is upwards and the momentum is strong.

Let the trend be your friend.

[robrah] 26/8/2016 17:04

christh hope u r still watching the markets ftse down 60 ouch . which way will rio open back to 23 ?? oh no wait let's read what the brokers say30 quid on Tuesday open ??

[robrah] 26/8/2016 16:31

oh I would christ. even if one of u calls go in the right direction interesting how u disappeared when u target of even 26 failed multiple times. wonder what u r broker notes said lol

[christh] 26/8/2016 15:16

still here watching...and waiting for the £30, so shut up.
I can't be on the screen all the time, got a life to live.

[arja] 26/8/2016 14:38

ok, I know what you mean . Seems that RIO remains a fair trading stock for an intra day trade when oversold . But I find more interesting opportunities of late . have a good weekend sport ! 20 minutes to Yellen speech and then volatility !

[robrah] 26/8/2016 10:05

no arja. I am just winding someone up . they do vanish when their calls fail miserably lol . they were adding ppl to buy here at 25 lol saying broker know more . I am just having a laugh.

[arja] 26/8/2016 09:11

have you been drinking too much Robrah ? ( smile )

[robrah] 25/8/2016 09:08

In broker notes we trust .

it will be 30 quid plus today .

[arja] 24/8/2016 20:41

follows RIO futures as I have explained and physical after 2.30pm . RIO has fallen further since UK close .

[robrah] 24/8/2016 15:40

no arja . it is all about following the futures. the signs were all there

[arja] 24/8/2016 15:24

quite a drubbing today and one never knows for sure what will happen with RIO. Maybe an opportunity for an overnight trade if it gets too oversold !

[robrah] 24/8/2016 09:11

The world's top iron ore producer Vale (NYSE:VALE) is getting closer to inking a commodity streaming deal with Chinese companies that could afford the Brazilian giant an up to $9 billion upfront payment.Bloomberg reported over the weekend a deal with China Investment Corp, the country's $814 billion sovereign wealth fund, could see Vale sell part of its future iron ore output to the Chinese over 30 years:These deals are usually done at a deep discount to ruling prices and the long-term nature of any agreement could also dampen the outlookAccording to the report citing people familiar with the matter other Chinese companies and Japanese trading houses have also held discussions with Vale and considered alternative agreements including acquiring a minority stake in the company's iron ore assets:"A so-called streaming transaction would allow CIC, owned by the government of the world's biggest iron-ore importer, to profit from a recovery in commodity prices without bearing all the operational risk associated with owning mines. Vale, which has said it will consider the sale of $10 billion of its best assets by the end of next year, would get immediate cash while staying in charge of valuable assets."Hit by its first annual loss since 1997, the Rio de Janeiro-based company said in February it wants to reduce its net debt to $15 billion within 18 months and would look at selling core assets to do it. The Samarco dam collapse in November last year, which killed 19 people and became Brazil's worst environmental disaster, is also weighing down the company as the operation remains suspended.The impact of a Vale–China deal on the iron ore price could be negative as these deals are usually done at a deep discount to ruling prices and the long-term nature of any agreement could also dampen the outlook for the steelmaking raw material.Iron ore prices have defied skeptics and continues to trade above $60 a tonne on the back of record-breaking imports by China this year. Cargoes headed to China could top 1 billion tonnes this year, representing some three-quarters of the seaborne trade, as domestic production continues to shrink.Streaming deals are common in the precious metals industry, often when gold or silver byproducts of copper mining are sold forward. Vale has an agreement with Silver Wheaton (NYSE, TSX:SLW) regarding its Salobo copper mine in Brazil. Earlier this month Vale and Silver Wheaton tweaked the deal, so that the portion gold sold to Silver Wheaton rises to 75 percent from 50 percent. Vale will receive an upfront payment of $800 million.

[arja] 22/8/2016 15:06

creeping up in USA and UK will follow religiously - but it is so tentative !

[robrah] 22/8/2016 14:44

Lol arja. In broker notes we trust.. no matter now logical or fundamental the reasons the other posters provided . We only trust broker notes. Please read the notes and keep calm

[arja] 22/8/2016 14:37

what has a broker's note got to do with what I said or £31 ? maybe one day it will get to that level but not today !

[robrah] 22/8/2016 14:07

nope arja. the broker note said 31 quid . pls see the millions of links posted.

[arja] 22/8/2016 14:01

will now be trading at about $31.15 in USA and down about 90 cents from closing level in USA last night . Hoping it will bounce when US physical market opens at 2.30pm but
resource stocks depressed today .