Hi P87. Wake up yourself. That Report was from June 2014. Things...

Hi P87.

Wake up yourself.
That Report was from June 2014. Things have changed a lot since that date.
Miners and future miners are not carrying on producing and pushing ahead regardless.
AGO, FMG and others are losing money at this point in time if they are producing and building for the future.
BHP and RIO do not show all cost's in their So called cost's and profit figures.
Do BHP and RIO include all the extra costs of setting up and building driverless trucks and Trains in their cost in selling Iron Ore to China, I don't think so.
BHP cost for the Outer Harbour are in many $Billions. BHP do not include those costs.

SDL costs include their Port and Rail costs in their $62 per tonne which includes Debt repayment. In around 4 years after start up the cost will be back in the $40's after debt repayment.
SDL can sell to Europe, Arab States and the US a lot cheaper than BHP, RIO, and FMG.

BHP and RIO do not include Debt Repayment costs in their costs to produce and ship to China.
FMG have over $9 Billion in Debt to repay. Is that included in their cost figures?

Regards
Westcott.