BC Iron, Mt Gibson and Atlas Iron squeezed by iron ore rout, page-32

  1. 2,716 Posts.
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    Yes.. but it is a case of how much of this cash reserve will be left while I/O is being sold at a loss. With ramped up supply tactics from BHP et al it is designed to empty cash reserves and create a duopoly. Will be interesting to see if smaller players get takeover by Rio or BHP in near term after they have been shorted to maximise the fair play.
 
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