tony sage - movie mogul, page-35

I'd say your right FD, except for CFE winding up with less than 80m.

http://www.mongabay.com/images/commodities/charts/iron_ore.html

Look at the price of fe when the project was originally sold.

Look at the price of fe now.

Then explain to me how $400m is now worth less than $80m, notwithstanding a few million in court costs, if it comes to that, although CFE would most likely sue for costs and interest as well.

Please try and be just a little realistic.

Peter