Ann: Investor Presentation, page-9

The ore price will be controlled around or just above the 90 mark

FMG break even point is 79/tonne

You would imagine the US investors who put billions into FMG as an investment will not want to lose money.

So it holds around 90, FMG stays alive in this example, the investors collect their interest payments (FMG due in December) and the economy ticks along.

Got to love central planning

CK