we should sell to hanlong in a quick manner, page-8

One reason for BHP management to downplay other African iron ore hopefuls is because BHP management wants the market to invest more in BHP than in African miners.

More buyers in BHP means a higher share price and validation for them. It is just like any investor presentation.

It is too late outgoing executive Mr Ashby, we are already in SDL but its not too late for BHP.

SDL is far from the coast and can still produce DSO at less than $25 USD per tonne. A bit of political risk might exist but Pilbara has almost gauranteed rising costs including resources tax, carbon tax, and higher state royalties all due to budget deficits and government debt, and rising wages, union action etc.