since BHP and RIO ship iron ore for $20/t why the need for both this week to take a knife to capital spending ?
keep going till IO hits $30/t, They would still be profitable right ?
why do you back these guys when management changes every couple years ?
At the end of the day do they care were the head your SP to ? Really think about it, they don't deserve a cent of investors money, Incompetent bunch and history always proves this to be right.
You need to sell you BHP & RIO shares and really back the next big thing...FMG
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Who will be the first to benefit when ore turns, page-61
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