Blythefan, The name of the thread is "sloppy reporting" which...

Blythefan,

The name of the thread is "sloppy reporting" which seems appropriate for much of what you write.

I agree with you on the WISCO 06-07 supply problems. But you are completely wrong with statements like ....

"If they sort that out, Caldera (2.1Mtpa at max capacity) prevents them from reaching their 10.2Mtpa rate. And if they sort that out, they have to stump up cash for Candelaria - $TBA and debt."

All your conjecture is pre-Shougang. I suggest you read the qty report and the Shougang contract update announcements.

There is just no way ady can deliver 10mtpa through Caldera and Candelaria even with 400 trucks 24x7. ADY has stated that they expect to deliver 4.5mtpa through Caldera and Candelaria after the upgrade is done in Nov. The 10mtpa figure is quoted for the cape size port to be built near Santa Barabra.

As for hiring a crusher! Come on! This is Chille and its Magnetite ore. Not WA or SA with Hematite ore!

cheers...