hammering, page-13

Gindaldan, good thoughts on capex- yes, it probably is *the* killer for some of these shares. I have, however, read some articles in the AFR: one suggests that AQA's contribution will be $1b; another says AQA will likely be getting $2b from China.

Whatever it is, it relies on credit markets, which might be shaky right now. There is also the Indian sale of an AQA asset, which has been slowed.

Everything looks stuffed right now, and AQA is another ASX knife. It does look funny in the $3's, though. It's probably one of our better mining companies, imo. But yeah, that capex...