it's now or never!, page-10

Forget it Kieran, yesterday Jimako was preaching gloom and doom because RIO's debt was apparently twice its market cap, which he stated was 29b.

I corrected his erroneous figure and pointed out that RIO's market cap before the fall was closer to 85b.

So what happens?

After 8 hours Jimako reappears making a post preaching.... doom and gloom because RIO's market cap was only 29b.

Honestly I have no problems with people stating errors of fact but when you persist after you've been corrected you're just begging to be ignored.

Remarkably I think every figure he's quoted is probably wrong, it's not just the supposed 6.5billion interest costs and 29b market cap.

Other members get permanently banned for downramping with gloomy assumptions (we'll miss ya sabretoothed... in a way), this guy makes outright errors of fact despite knowing it's wrong and doesn't even get a temporary time out. Oh well there's always the ignore button.

Moved from the "London" forum. Original message number: 363