is the commodity boom over?, page-68

Before you read the charts you might want to read what someone on the scene says about RIO/BHP operations.

Here is a snippet....

"I currently work in the resources Industry and have done so for 12 years. Ship Loading at Parker Point, East Intercourse island and Cape lambert has virtualy ceased. Instaed of loading 4 ships a day the current rate is 1 per week. I confirmed this 2 weeks ago when I had cause to visit the Dampier Port Authority Control room. I was told that one major Iron ore recieval Point in China has a stockpiles sufficient for 12 months. This week I spent half a day at the Dampier Port Bulk Liquids Berth and no activity whatsoever was occuring at Parker point.I have been told that Brockmans Mine is being put on care and Maintenance. The 1500 full-time Rio employees from Brockman are being relocated to Dampier Port FIFO to build a 30 Million Tonne stockpile. The 1500 contactors who were staying at the accomodation at Peninsula Palms in Dampier are gone (Yep No-More)."

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