caution in china a blow to miners, page-4

another ore price crash to $90t would be a good thing

1- gbg could survive with a $8/t margin
2 - it would ko many chinese mines
3- it would ko all new oz startup projects
4- it woud ko all african startup projects
5- it would ko all brazilian start up projects
6 - it would slow down big expansion plans by bhp, rio, vale
7 - it would ko all new infrastructure plans by miners without rail and port
8 - it would kill availability of finance to new miners

so overall despite all the doom and gloom gbg is in a sweet spot as a producer with finance, infrastructure, expansion plans and full on chinese credit and offtake support.

put them in the bottom draw and wait for the divs in 2015