EWO,Actually the Board's job - like any Boards - is to maximise...

EWO,

Actually the Board's job - like any Boards - is to maximise shareholder value.

Playing devils advocate and testing your position:

Should the Board turn down $100/share in order to fulfill a single minded focus to be a top 10 iron ore producer?

- Or would top 25 iron ore producer do? By what year exactly?
- what if the capex bill hit $10B
- What about if iron ore was back at its 2002 price of $20/t?
- What if SDL was hit with a super-proft tax, or further free carry
- Fully owned or as a JV partner?

Doesn't make much sense does it.