Read your post again and try to find any logic out of it. "First...

Read your post again and try to find any logic out of it.

"First time in the history banks would try hard to find out how to fund the project" really???????

We are in commodity supercycle but even if it reaches to $100, we had 2013 PFS with $63/t Opex C1 so still viable and the only one who think the price would be $100 is you. We are in massive supply and demand constraint with VALE the bigger producer not ready to produce (400MT full capacity, currently around 80MT) until atleast 3 years, that was a just a highlight of supply side. On demand side, the whole worlds supply is struggling to fill only chinese demand at the moment, i am not considering economic recoveries of EU, US, India and other 100s of nations. Go and fig out.