ann out, page-7

If nobody takes the offer the sp will drop even more.
Or maybe don't take it and the rest might get more.
We need the sp to move now (+) which will make it more complelling. Credit Suisse says china will grow 9%. US up to 2% not a recession. I don't think we can ship iron ore fast enough. RIO has not settled on 65% yet so might get more. For us it's the age of iron ore. China and India will build more airports and infrastructure. Don't foreget Vietnam and the rest.