MIN - Conference Call, page-207

Also reviewed the conference call. Chris talks about the $180 m in extra profit. But what he failed to mention was how much of that $180M will most likely go to servicing the debt and interest payments relating to the development and building of the BOSS system. Do we really want to go from a position that we are almost debt free to one where there will most likely be another huge debt over our heads. Has this point been covered in any of the presentations

If we break things down further - our over 1 billion tonnes of iron ore reserves at a run rate of 20M tonnes per annum - gives it a mine life of over 50 years. How many years does an iron ore cycle go for? Similarly with Ridley - previously quoted with a 15mt run rate over a mine life of 30 years. My thoughts only DYOR