The media have so indelibly burned a bleak future for the mining...

The media have so indelibly burned a bleak future for the mining industry into our consciousness that even if the price of iron ore went up to those extraordinary levels we saw a few years ago, we would simply say, "It will be worse next year".

I feel sorry for shareholders here. Those in whose interest it is to see lower share prices have really caused you a lot of pain. And as long as they make money on the fear they generate, the pain is going to continue...