Crazy............(living up to the name.)
You are comparing Nev Power with Citibank in the credibility stakes on this issue?
"Citigroup has estimated Fortescue will need to spend $US700 million improving its railway and mine assets to cope with a 180 million tonne a year output."
Maybe Citibank has inside knowledge that Nev doesn't ?? After all, they are recognised industry experts on rail...NOT
Surely everything an American bank says is gospel......(Reuters) - Citigroup Inc has agreed to pay $7 billion to resolve claims it misled investors.......http://www.reuters.com/article/2014/07/14/us-citigroup-settlement-doj-idUSKBN0FJ13120140714
This is just another case of US based short sellers generating negative publicity.
BHP, Rio won’t knock us out, page-3
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