Davo1 there is 3 major problems with your calculations and these are just my opinion. This started out to be tongue in cheek but by the end its more like tears on the cheek.
1. You have not taken into account the percentage of wage to income ratio for the family. Eg if we lose a few million a year they get paid 1 million so if we make 10 million a year they will take 12 million at least.
2. if we had that much iron ore and it was that simple to put it on a ship and sell that quantity it should of happened ages ago.
3. how many more 3bs before we can turn it around and the funding is really here.
I would just like to know the truth about what is really going on? no ramping just the truth, not opinions of traders some real direction from management
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Davo1 there is 3 major problems with your calculations and these...
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