Ann: Half Yearly Report and Accounts, page-94

I think you should report me to HC. If my account is fake, as you say, I'm sure they will investigate, and I will be removed.

Anyway, clearly you are incapable or unwilling to explain why FMG and RIO etc reported a 20% C1 increase and Fex reported a 10% decrease. I've asked three times, and three times you deflected. You are very good by the way!

I thought it was a good question and you were someone who had good business acumen & instinct, It's unfortunate you're unwilling to share your views on this.

I didn't think it was "BEYOND RIDICULOUS" to compare FMG or RIO's C1 cost to Fenix's. Do they use a different kind of diesel, dump trucks, or labour force? Are you saying Rio & FMG pay more for all their inputs?
If not these companies to use a comparison, who would you suggest we compare Fex with?

CPI is CPI, everyone is impacted in one way or another. Given CPI increased around 12% in the past two years, it's an entirely valid question for anyone in this forum to try to explain why Fenix's cost dropped 10% in the last six months, yes?
What's your explanation for this Mal? Perhaps you should spend just a few short minutes looking at those other companies.

In anticipation of another great deflection, I put to you the following.
Forget Rio and FMG comparisons, please name an Iron ore miner that reported a 10% decrease in costs over the last half. In fact, name any miner in any commodity that saw a 10% reduction. (beyond ridiculous, I know, but just for fun)

Given there are many hundreds of miners, umpteen would have surely achieved a similar cost reduction, correct? I mean, if Fenix can do it!

Thoughts?