Recently someone claimed the big shippment of iron ore being loaded by FMG for China was being sold at $64 / Tonne.
I will now quote for you word for word from Lateline Buisness last Thursday....Listen carefully.....
"To further enhance its relationship with China FMG and Baosteel have agreed to give the profits from the first 5000 tonnes of iron-ore shipped ....that's worth just under half a million dollars, to the victims of Chinas earthquake "
Would someone like to take out their calculator and divide 500000 by 5000...thank you
good day and good luck
xf1
please explain
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