This is all you need to know folks (quotes from Ian Burston from...

This is all you need to know folks (quotes from Ian Burston from the weekend article):

“I’ve done my figures on (the cost of) getting it onto the ship and it’s less than $US50 a tonne,” he says. “If the iron ore price goes down to $US80 a tonne, that’s not going to worry me.

“Twenty million tonnes a year at $US30 a tonne is a profit of $US600m a year.

“The biggest problem we’ve got is every bastard who doesn’t know how to spell iron ore is telling us how to do it.

“Once we are successful, then the floodgates (in Nigeria) will open, because there’s so much iron there you can’t ignore it.”

Love it. Was Ian referring to you in para 3, Iman? :)