At the outset of BHP & RIO increasing their production to knock...

At the outset of BHP & RIO increasing their production to knock out the little producers was purely greed & poorly executed. I bet they never envisaged they would be faced with having to reduce their dividends! Now reality has hit them & they will be getting pushed to the board table with a lot less confidence & desperation to correct their mistakes. Surely, they will attempt to save face however, whatever excuse they come up with it will include a cut in production. FMG, just needs to focus on taking advantage of the negative sentiment & get that well deserved discount on buying back debt hopefully even better than their last purchase price as share holders expect it shortly.