recent pdy updates from management, page-312

the point i am making is that the chinese like control, they hate being held by the balls by BHP RIO and VALE (differenet ore i know)

now the chinese are playing a game because they were knocked back originally for the port and rail, so now they play with us until they have saved face and get things on their terms.

with esperance its not their port and they prob wont have input into the design and numbers (T) to be shipped - this equals loss of control. remember the mines in the area (i am assuming have not done any research) are not chinese backed.equals loss of control

so because of this decision today does it prompt the chinese into a decision to regain security and pricing structure. by way of gero

but it also depends on GS TQ and Whitehorse and if we survive to benefit (thats my gamble)

but it is also dependent on me old mate - inside a tunnel.


because he now has the mantle of total irrelevance