energio on a big winner, page-20

Not convinced that eio are sitting on a fortune with their iron ore play. Below is an extract from todays article by Terry McCrann in the Australian.
"The profits being generated out of the red earth are truly staggering. Between them BHP Billiton and Rio Tinto are generated operating earnings of $US28 billion from iron ore , almost entirely out of the Pilbara. Rio from 12 months trading, BHP for six.
Between them, the duo are making about as much just from digging iron ore out of Pilbara dirt and shipping it off as the big four banks,combined from providing over 80% of the financial services of the entire economy".