Ann: Resource Upgrade at Grosvenor West , page-25

Thanks David for clarifying your position - it appears your concerns are largely macro and their effect on CLR if they eventuate which is fair comment.
From a Share price perspective should Armegeddon occur the majors will be hit just as hard % wise because there is liquidity in the big stocks that can be sold - holders of CLR will not be able to sell at any price because of no trade buyers / low liquidity.
The alternative investment view would be a cash management account I guess OR cash in the mattress, water, firearm, firewood and canned food for a few years.
I give you credit though ST as you have indicated your bearishness from $1.90s that I can see. In a period of madness maybe your targets may be hit, however my point is that you greatly underestimate the value and scarcity of what CLR seemingly have. I am confident in following the BHP forecast of significant HCC supply shortfalls going forward "more bearish on Iron Ore that HCC"
Thanks again for the discussion points - we have been warned.