just quoting, page-40

"Thirdly, selling for less than costs means there must be a pool of money somewhere or a cashflow making up the difference. Theorising is fine h00ts but try and put a complete and cogent argument together.

Jumpstart your reading a lot into my post and filling in the blanks with your own words - I said nothing about transfer pricing or selling below market value - One Hypothetical scenario would be to saddle the company with debt to say fund an expansion to a 15mt ton p/a plant to process all the low grade marginal ore and they could also go on an aquasition trail buying up other small players in the region - the Xmen paid a $175m for Excos CCP project that now apears they paid to much for .