what odds iron valley to go ahead?, page-2

FMG are very good at saying what they mean. If they have not said it then I am sure it will still be going ahead.
Afterall, the lead into their many billion tonne reserve is Iron Valley - and it is above the water table for the first few years (thus allowing more time to sort de-watering etc), contains a lump ore component (I guess if it is to be blended then it will end up as fines anyway). It is the low hanging fruit of the deposit and as such represents great value for FMG.
As a final thought the Chinese mills will need to stock up at some point.... I see the price drop as more of a global currency war.
Which US President would the Chinese prefer.... (which Australian Prime Minister would the Chinese prefer?).
More to the price of iron ore than the price of iron ore!