The corrolary of 50% of Aust. owning the iron ore is that 50% of...

The corrolary of 50% of Aust. owning the iron ore is that 50% of the loss of development capital of those and the vast majority 90% of mining companies be taken by the government.

Oh no. - Its' you take the loss we take the royalty, not even if you make a profit but if you sell or a ship a tonne or oz.

That formula has been worked out ages ago.

Why don't you just spout the first thing that comes to mind.