China and the world wont stop building the asset because of iron ore price moves. It takes time to build these assets. Big projects have to look through all the market noise. Its going to be quiet for a while, but its also a good time to pick up cheap assets now. I am sure Flanno will buy something else along the way. Straw hats in wintertime. Market cap at 0.0022 is less than $25m. Thats almost the price of an option over these projects.
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