Shiajian ;50% in one asset,we all go a bit hard...you need to start taking rescue action and sell down...administration will mean a rebuild and massive price fall or permanent death. It's a tough message
one story is china has developed effective internal iron ore supply chains , they have a lot of iron and they are capable of very effective operations....I don't think this will blow over
Its $40 plus for a tonne of atlas iron at port and another $20 per tonne on a ship to china maybe they get salary and contractor cuts of 30% but that only brings the total cost down to $48
looks a very disappointing result from the guru of notre dam
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