aren't the IO divisions under their watch making billions profit per year? at the current price they are making huge margins, if they try to articificially raise prices (apart from being illegal) wouldn't that just encourage all these non-economic companies/deposits to keep going and/or start up? the rampers on here cheer Simandou not being developed in the near term... if the price was $100 that would be a different decision, the naivety is amazing
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David Flano and AGOs future, page-110
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