Time to move on even though I've a large loss. If they don't get...

Time to move on even though I've a large loss. If they don't get a contract they will be punished. Just do some searches on this topic. Shipping has slowed, Vale not shipping any IO, India reduced, China slowed it's own mining. Things will be very nasty for some time.

No not down ramping just facing reality. The only ones to do ok will be the big majors, even watch FMG get a pasting when everyone finally realises contracts will be 20-40% less than last year.