Anything less than 57c is a no go. Hanlong knew it is cheapest bargain in this century. They are willing to pay more if the board keep resisting. Button line is that china will never beg rio, bhp ever again if they have sundance. They also know iron ore price is going north in next few decade,only because out of 500 citys in china, only shanghai, beijng and Guangzhou are well developed, 497 city is waiting for more iron foe development
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