Hi pikapika, I think the magic number is 60%.
That's if you assume debt is provided by China. It sounds that way for now.
Happy to talk offline about my pokemon collection.
What were missing from the quarterly says a lot more than what was there.
BTW, Vale came out last night that it will shut down 35 or so mta of marginal production. I also note the Chinese are pulling out all stops to keep the spot price below $60/t. Wonder why.
Email me.
