FMG costs, page-27

look robot-i have no idea about the debt levels of bhp and rio,and neither do you or anyone else on the forum,but,it"s no use trying to second guess all this with our own"rubbery figures" because trying to DYOR really is just a futile exercise.that said,it"s not so much that fmg has problems with this and that,but it"s the future sp of IO that makes mr market spook on fmg way before any impact on the sp of bhp and rio.i"ll give you a scenario-if the sp gets to $70,fmg will tank to between $2-$2.50,and bhp and rio will either be static or actually go up in sp.
it"s just the way it works and this time the IO tank is here to stay.
cheers crazypunter