in tony we trust, page-56

I might be wrong, but I have got the gut feeling that the Chinese may just want a big discount on the offtake for Cockatoo. Reason I am saying this, is because, from memory, SS&T was going to buy the iron ore from Cockatoo at full premium price. Now they want a discount especially when the Iron Ore prices all over the World, have fallen.

I am just guessing but, IMO it could be a possibility.

I still reckon though that, if Tony could find someone else to take their place, to tell them to bugger off.

But, in the position we are in, as they say, beggars can't be choosers.