I am yet to see a valid analysis of the market that indicates when any such 'market dumping' will occur.
BHP/Rio had decades to reach those cost levels. They did not do it in their first year of production. And GXY are still ramping up - they have two more operations in the pipeline. Mt Cattlin is the cash cow to pay for them.
GXY Price at posting:
$2.03 Sentiment: None Disclosure: Not Held