clive palmer, page-32

  1. 853 Posts.
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    Dex,

    Agree re super profits being applied to others... the only problem is that the other companies don't make super profits... in a normal year BHP makes a 40% EBIT margin... banks are around 20%, WOW makes about 6%.

    Show me who is making the super profit!

    Resources companies make this super profit because they don't currently pay for the inputs (ie they don't actually pay for the ore).

    Cheers
    Marvin
 
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