You are not thinking long terms like a CEO material
The World Bank predict an averaged IO price of US $70-75/tonne for 2015. They may not have much of a choice if wish to stay on as an IO exporting business, or just simply missing out the opportunity in 6 months time.
The net debts of A$169mil is not a big deal for AGO when you compare with others. Do you think AGO will die ?. The risk is less than FMG folding up.
http://www.atlasiron.com.au/IRM/Company/ShowPage.aspx/PDFs/5500-10000000/HalfYearResultsPresentation
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