66.5 cents
says it all, compared to a high of $3 before the crash
the credit markets have changed substantially since those days and that's what handicaps the project - an issue of capex!!! see also the performance of sdl post crash
the fmg comment misses the point - it is the exception that proves the rule, not the rule in itself, fmg was an accident of global liquidity, even then they paid and still pay an arm and a leg to leucadia for the bond that helped the project get up, read up on it.
srk the biggest winner from new tax, page-7
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