LSM ,
It is not how much you write but substantiating your post that counts.
Fact is that Twiggy saw the value FE and brought FMG in production.As per schedule. Fact is that price of iron ore gone drastically down.
On the other hand PRU ,,Keep leading everyone to believe the value of gold below ground. Gold enjoyed a hi price .>>so far .
So Why is it so much different to mine this metal ,IFFF the value is there as stated.
FMG and PRU are 2 mines .Compare that ? Apples and oranges are different but each is a fruit.
Both PRU and FMG required capital to to mine.
So why the lack of interest in one not the other?
And that s IMHO
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re read march quarterly, page-6
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