The story has changed a massive amountShare price has fallen 90%...

The story has changed a massive amount

Share price has fallen 90% - $3 to $0.28
Infrastructure costs have increased 50% - $4b to $6b
Iron prices have doubled however capital costs and production costs have increased a huge amount.

Sino paid the price they did because that was the price back then, they wanted to pay roughly the same for MMX but FIRB knocked them back.

The tariff has been knocked back by both Sino and Anstee,l and MMX would have had to do the same if they had been in a similar situation. It was knocked back because it makes their projects uneconomic!!!