Three reasons, page-63

Hi jamwolf.

In your opinion they have taken a guess at the projected cost for Mine, for Port and for Rail.
So all the companies involved in doing studies into the costs have just been paid to make a guess.
How accurate are the figures put out by BHP and RIO on their future cost's for extra iron ore production?
How accurate are BHP and RIO's cost of iron ore sales, are their figures just guesses?
As FMG's figures put out in the last week or so show, RIO and BHP do not include shipping, Royalties and overheads, Interest charges and sustaining capital costs. I said that was the case a week or so ago.

Regards
Westcott.