looks like FMG are finding themselves in the same boat KZL was...

looks like FMG are finding themselves in the same boat KZL was in prior to the collapse, big debt, high $ low to non existent margins and in the hands of the bankers unless they do a very large raising. $9B is a lot of money to owe when you are not making any profit. they are already starting to sell the family jewels, power station and possibly the railway, how times and fortunes can change in a very short time.