Shiajian ;50% in one asset,we all go a bit hard...you need to...

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