yep
FMG could produce less per ton minus the Debt and wages.
If FMG could reduce their debt burden and wages this would decrease their cost per ton.
What your question ?
Not deflecting it in response to IF FMG went belly up would that be a good thing or bad for SDL.
http://www.theaustralian.com.au/bus...alling-ore-price/story-e6frg9df-1226464522056
"Clearly FMG have a number of debt issues, which relate to the very high borrowings that they have had to go through because of the massive growth that they have undergone," he added.
Mr Power said the company would make a reduction of “several hundred staff and several hundred contractors and consultants” mainly involved in future development and “non-essential” work.
Hope this helps you sir
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