Okay, so $7 billion worth of iron in the ground, and 1 mill cash - 21 mill MC.
.... plus over $400 mill startup costs.
Choices:
1. Borrow the money - not likely in the new sub-prime meltdown.
2. Merger - why would a big fish bother? Might as well just eat the little fish.
This baby's a perfect takeover target
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Okay, so $7 billion worth of iron in the ground, and 1 mill cash...
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