How did you come up with 60%?Ball park estimate. I can't believe...

How did you come up with 60%?

Ball park estimate. I can't believe our BOD would be doing nothing, otherwise they risk being disconnected from those crazy salaries. If the iron ore price shoots up to $150, you can imagine FMG's share price will go ballistic (improved prospects for paying down its very high debts?), and it is inconceivable in those circumstances, Mr Forest won't exploit the high value of his paper and make a part scrip part cash offer thus supplying the mine-to-port solution. It is an irony the latter way of getting a mine-to-port solution is just by our BOD sitting on their backsides do nothing but waiting for the iron ore price to rise.