look, if as you say china closes all its mines,so what,that"s...

look, if as you say china closes all its mines,so what,that"s why the big players are hellbent on ramping up production and improvising any possible measure to lower costs,and that will well and truly cover any closures anyway.all it basically does is concentrate any wealth attained from a possible chinese renaissance into the coffers of bhp and rio,as fmg spot price to actual discount price due to inferior ore grade,virtually makes them a future non player anyway,then you have the $72 breakeven,and hopefully after all that they can somehow manage the debt.haven't you actually worked it out by now,that"s why the sp fluctuates so much %wise compared to bhp and rio.even a hint of an IO price change is enough to make the fmg constabulary go into overdrive.
cheers crazypunter