ACCC quizzes FMG, page-9

I will be voting in favour. I think they have both done an excellent job of meeting rising demand for iron ore, and not being caught at the top of the cycle with a mountain of debt and high production costs like some other mining companies out there.

Seriously, where were all these so called "business advisors" and large accounting offices that provide in depth analysis on the resource market. Surely they could see this train crash coming. Why didn't they advise their mining company clients to reduce debt and costs when the market was topping out. But no, they kept milking them for fees, and basically being negligent in their duties. Those are the guys that need beating over the head, not BHP or RIO.